Is SOUTHERN COPPER CORP/ (SCCO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.9% / 30% | 3.2% / 30% | 1.3% / 30% | 1.49% / 5% | ✓ HALAL |
| DJIM | 4.9% / 33% | 3.2% / 33% | 1.3% / 33% | 1.49% / 5% | ✓ HALAL |
| MSCI | 34.7% / 33% | 23.0% / 33% | 9.5% / 33% | 1.49% / 5% | ✗ NOT HALAL |
| S&P | 4.9% / 33% | 3.2% / 33% | 1.3% / 33% | 1.49% / 5% | ✓ HALAL |
| FTSE | 34.7% / 33% | 23.0% / 33% | 9.5% / 50% | 1.49% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 60.9% | |
| Operating Margin | 54.5% | |
| Net Margin | 32.3% | |
| Return on Equity (ROE) | 42.7% | |
| Return on Assets (ROA) | 21.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4.8B |
| Free Cash Flow | $3.4B |
| Total Debt | $7.4B |
| Debt-to-Equity | 66.8 |
| Current Ratio | 3.9 |
| Total Assets | $21.4B |
Price & Trading
| Last Close | $159.76 |
| 50-Day MA | $189.46 |
| 200-Day MA | $135.45 |
| Avg Volume | 2.1M |
| Beta | 1.1 |
|
52-Week Range
$72.28
| |
About SOUTHERN COPPER CORP/ (SCCO)
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of copper-molybdenum concentrates and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of copper, molybdenum, zinc, silver, gold and lead. It operates the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru; La Caridad, an open-pit copper mine, as well as copper ore concentrator; and SX-EW plant, a smelter, refinery, and rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as copper concentrators and operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; coal mine; and zinc refinery. The company has interests in 164,805 hectares and 505,788 hectares of concessions in Peru and Mexico; and 98,634 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was formerly known as Southern Peru Copper Corp. and changed its name to Southern Copper Corporation in July 1996. The company was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.
Purification Calculator
As a halal stock with 1.49% impermissible income, you need to purify your dividends.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is SOUTHERN COPPER CORP/ (SCCO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOUTHERN COPPER 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 SOUTHERN COPPER CORP/'s debt ratio?
SOUTHERN COPPER CORP/'s debt ratio is 4.9% 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 34.7%.
Does SOUTHERN COPPER CORP/ require dividend purification?
Yes, SOUTHERN COPPER CORP/ has an impermissible income ratio of 1.49%, which means 1.49% 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 SOUTHERN COPPER CORP/'s key financial metrics?
SOUTHERN COPPER CORP/ has a market capitalization of $133.9B, trailing P/E ratio of 31.2, and revenue of $13.4B. The company maintains a gross margin of 60.9% and a net margin of 32.3%. Return on equity stands at 42.7%.
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.