
Is SSR Mining (SSRM) stock Halal?
September 2026 AAOIFI screening result for SSR Mining, Inc. (SSRM): non-permissible income, pass. Interest-bearing investments, fail. Interest-bearing debt, pass. Preference shares, pass. SSR Mining, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
SSR Mining is a prominent company in the precious metals sector, primarily focused on the production of gold and silver. With operations distributed globally, SSR Mining engages in the exploration, development, and operation of mineral properties, which provides a diversified approach to its asset portfolio. The company operates a range of mining projects located in regions such as North America, South America, and Turkey. Notable operations include the Marigold mine in Nevada and the Seabee Gold Operation in Canada. Before any of that matters to a Muslim investor, one question comes first: is SSR Mining stock Halal?
Is SSR Mining Shariah compliant?
For a resources company like SSR 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 SSR Mining pass the business activity test?
The activity screen is only part of the picture this month: SSR Mining currently fails the interest-bearing investments screen, so the overall verdict is not compliant regardless of the business itself. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is SSR Mining's income Halal?
Yes, within AAOIFI's tolerance. SSR Mining's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does SSR Mining meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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?



