
Is K92 Mining (KNT) stock Halal?
K92 Mining, Inc. (KNT) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 97.43%. Tabadulat re-screens KNT monthly, and the status can change when new financial data arrives.
K92 Mining is a leading mining company focused on the exploration and development of mineral resources. The company's primary asset and operation center around the Kainantu Gold Mine located in Papua New Guinea, a region rich in mineral deposits. K92 Mining is dedicated to the efficient and environmentally responsible extraction of precious metals, with a particular emphasis on gold production, a vital commodity in the global financial markets. Before any of that matters to a Muslim investor, one question comes first: is K92 Mining stock Halal?
Is K92 Mining Shariah compliant?
For a resources company like K92 Mining, 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 K92 Mining pass the business activity test?
Yes. In the September 2026 screening K92 Mining 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 K92 Mining's income Halal?
Yes, within AAOIFI's tolerance. K92 Mining's 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 97.43% tells holders of KNT what share of each dividend to keep and what remainder to donate to charity.
Does K92 Mining 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 KNT 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?



