
Is Kinross Gold (KGC) stock Halal?
September 2026 AAOIFI screening result for Kinross Gold Corp. (KGC): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 97.78%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Kinross Gold is a mining exploration company that primarily focuses on the acquisition and development of gold properties. The company's operations and exploration activities are mainly located in territories rich with mineral deposits, with a particular emphasis on regions within Canada. Kestrel Gold seeks to identify, evaluate, and acquire exploration opportunities that have the potential to deliver significant discoveries and competitive returns in the gold sector. Before any of that matters to a Muslim investor, one question comes first: is Kinross Gold stock Halal?
Is Kinross Gold Shariah compliant?
For a resources company like Kinross Gold, 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 Kinross Gold pass the business activity test?
Yes. In the September 2026 screening Kinross Gold 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 Kinross Gold's income Halal?
Yes, within AAOIFI's tolerance. Kinross Gold'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 97.78% tells holders of KGC what share of each dividend to keep and what remainder to donate to charity.
Does Kinross Gold 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 KGC 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?



