Is PAN AMERICAN SILVER CORP (PAAS) Halal?

NYSE Basic Materials Canada $21.8B
✓ HALAL
Confidence: 95/100
PAN AMERICAN SILVER CORP (PAAS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 3.4% against the AAOIFI threshold of 30%, PAN AMERICAN SILVER CORP comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Gold), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.4%
/ 30%
5.2%
/ 30%
1.0%
/ 30%
4.37%
/ 5%
✓ HALAL
DJIM 3.4%
/ 33%
5.2%
/ 33%
1.0%
/ 33%
4.37%
/ 5%
✓ HALAL
MSCI 8.7%
/ 33%
13.5%
/ 33%
2.6%
/ 33%
4.37%
/ 5%
✓ HALAL
S&P 3.4%
/ 33%
5.2%
/ 33%
1.0%
/ 33%
4.37%
/ 5%
✓ HALAL
FTSE 8.7%
/ 33%
13.5%
/ 33%
2.6%
/ 50%
4.37%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
20.2
Forward: 10.9
EPS
$2.56
Dividend Yield
104.0%
Payout: 18.0%
P/B Ratio
3.1
EV/EBITDA
13.1
EV: $21.4B
Revenue
$3.6B
Growth: 44.7%
Beta
1.4
High volatility
Current Ratio
2.7

Profitability

Gross Margin 51.9%
Operating Margin 36.6%
Net Margin 27.0%
Return on Equity (ROE) 16.7%
Return on Assets (ROA) 8.5%

Cash Flow & Balance Sheet

Operating Cash Flow$1.3B
Free Cash Flow$1.0B
Total Debt$852M
Debt-to-Equity12.5
Current Ratio2.7
Total Assets$9.7B

Price & Trading

Last Close$49.65
50-Day MA$58.46
200-Day MA$42.61
Avg Volume8.8M
Beta1.4
52-Week Range
$20.55
$69.99

About PAN AMERICAN SILVER CORP (PAAS)

CEO
Mr. Michael Steinmann P.Geo., Ph.D.
Employees
9,348
Sector
Basic Materials
Industry
Gold
Country
Canada
Exchange
NYSE
Market Cap
$21.8B
Currency
USD

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala. The Silver segment includes the La Colorada, Juanicipio, Cerro Moro, Huaron, and San Vicente mines. The Gold segment comprises the Jacobina, El Peñon, Timmins, Shahuindo, Minera Florida, and Dolores mines. It explores silver, gold, zinc, lead, and copper deposits. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Purification Calculator

As a halal stock with 4.37% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is PAN AMERICAN SILVER CORP (PAAS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PAN AMERICAN SILVER CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is PAN AMERICAN SILVER CORP's debt ratio?

PAN AMERICAN SILVER CORP's debt ratio is 3.4% 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 8.7%.

Does PAN AMERICAN SILVER CORP require dividend purification?

Yes, PAN AMERICAN SILVER CORP has an impermissible income ratio of 4.37%, which means 4.37% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are PAN AMERICAN SILVER CORP's key financial metrics?

PAN AMERICAN SILVER CORP has a market capitalization of $21.8B, trailing P/E ratio of 20.2, and revenue of $3.6B. The company maintains a gross margin of 51.9% and a net margin of 27.0%. Return on equity stands at 16.7%.

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.