Is Ivanhoe Electric Inc. (IE) Halal?

NYSE Basic Materials United States $1.7B
✗ NOT HALAL
Confidence: 90/100
Ivanhoe Electric Inc. (IE) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 304.5% exceeds the 5% threshold allowed under AAOIFI. Ivanhoe Electric Inc. operates in the Basic Materials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.7%
/ 30%
8.4%
/ 30%
0.0%
/ 30%
304.5%
/ 5%
✗ NOT HALAL
DJIM 1.7%
/ 33%
8.4%
/ 33%
0.0%
/ 33%
304.5%
/ 5%
✗ NOT HALAL
MSCI 7.4%
/ 33%
35.9%
/ 33%
0.1%
/ 33%
304.5%
/ 5%
✗ NOT HALAL
S&P 1.7%
/ 33%
8.4%
/ 33%
0.0%
/ 33%
304.5%
/ 5%
✗ NOT HALAL
FTSE 7.4%
/ 33%
35.9%
/ 33%
0.1%
/ 50%
304.5%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.79
P/B Ratio
3.8
EV/EBITDA
-14.7
EV: $1.6B
Revenue
$3M
Growth: -32.7%
Beta
1.0
Average volatility
Current Ratio
3.3

Profitability

Gross Margin 65.3%
Operating Margin -4450.9%
Net Margin 0.0%
Return on Equity (ROE) -35.5%
Return on Assets (ROA) -16.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$89M
Free Cash Flow-$94M
Total Debt$36M
Debt-to-Equity8.5
Current Ratio3.3
Total Assets$483M

Price & Trading

Last Close$10.80
50-Day MA$15.61
200-Day MA$12.97
Avg Volume2.0M
Beta1.0
52-Week Range
$4.50
$21.55

About Ivanhoe Electric Inc. (IE)

CEO
Mr. Taylor Melvin
Employees
286
Sector
Basic Materials
Industry
Copper
Country
United States
Exchange
NYSE
Market Cap
$1.7B
Currency
USD

Ivanhoe Electric Inc., engages in exploration and development of minerals in the United States, Canada, and China. It primarily explores copper, gold, silver, nickel, cobalt, and platinum group elements deposits. The company's flagship projects are the Santa Cruz Project, a copper exploration project that comprises 6,425 acres on private land and associated water rights located in Arizona; and the Tintic Project, which covers an area of approximately 79.23 square kilometers of private patented claims, unpatented claims, and state leases situated in Utah. Ivanhoe Electric Inc. was incorporated in 2020 and is headquartered in Tempe, Arizona.

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Frequently Asked Questions

Is Ivanhoe Electric Inc. (IE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ivanhoe Electric Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Ivanhoe Electric Inc.'s debt ratio?

Ivanhoe Electric Inc.'s debt ratio is 1.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 7.4%.

What are Ivanhoe Electric Inc.'s key financial metrics?

Ivanhoe Electric Inc. has a market capitalization of $1.7B, and revenue of $3M. Return on equity stands at -35.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.