Is Pengxin International Mining Co Ltd Stock Halal?

Pengxin International Mining Co. Ltd. engages in copper mining, smelting and sales of related products and gold metal business. The company is headquartered in Shanghai, Shanghai and currently employs 3,503 full-time employees. The company went IPO on 2003-06-26. The firm's main businesses include gold business, cathode copper, cobalt hydroxide business and trading business. The gold business is mainly engaged in the development and utilization of gold mineral resources. The cathode copper and cobalt hydroxide business is mainly engaged in the production and sales of cathode copper and cobalt hydroxide. The trading business is mainly engaged in domestic trade, import trade and international re-export trade of related products. The firm mainly operates its businesses in the domestic and overseas markets.