Is China Gold International Resources (CGG) stock Halal?

China Gold International Resources is a significant player in the mining industry, primarily focusing on the exploration, development, and production of gold and base metal properties. As a large-scale mining company, its primary function is to source and supply gold and other valuable minerals, contributing crucially to the global commodities market. Before any of that matters to a Muslim investor, one question comes first: is China Gold International Resources stock Halal?

Is China Gold International Resources Shariah compliant?

For a resources company like China Gold International Resources, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.

Does China Gold International Resources pass the business activity test?

Yes. In the September 2026 screening China Gold International Resources holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.

Is China Gold International Resources' income Halal?

Yes, within AAOIFI's tolerance. China Gold International Resources' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 98.43% tells holders of CGG what share of each dividend to keep and what remainder to donate to charity.

Does China Gold International Resources meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has CGG re-screened every month, and the result above always shows the latest verdict.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?