Is First Majestic Silver Corp halal to invest in?

According to Musaffa's Shariah screening methodology, First Majestic Silver Corp (AG.TO) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is First Majestic Silver Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes First Majestic Silver Corp using these criteria to determine its compliance status.

Can Muslims buy shares of First Majestic Silver Corp?

Muslim investors may consider investing in First Majestic Silver Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is First Majestic Silver Corp classified as NOT HALAL?

Musaffa determines the Shariah status of First Majestic Silver Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for First Majestic Silver Corp updated?

The Shariah compliance status of First Majestic Silver Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like First Majestic Silver Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of First Majestic Silver Corp?

You can check the latest Shariah compliance status of First Majestic Silver Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

AG.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 20, 2026

Report Source: 2025 Annual Report

First Majestic Silver Corp. Stock Analysis AG.TO

Canada Materials Mid Cap Report: 2025 Annual

First Majestic Silver Corp. engages in the production, development, exploration and acquisition of mineral properties. The firm is focused on silver and gold production in Mexico and the United States. The company owns and operates approximately 350,000 hectares of land package, which include the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a 70% joint venture interest in the Cerro Los Gatos Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Mexico.

Key Statistics of First Majestic Silver Corp (AG.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD27.52CAD29.48

Today's Open

CAD29.29

Volume

1.96M

P/E Ratio (TTM)

67.78

52 Week Range

CAD7.67CAD43.69

Market Cap

13.05B

Avg. Volume

1.71M

Dividend Yield

0.09%

Financial Metrics & Statements of First Majestic Silver Corp (AG.TO)

FAQ's for First Majestic Silver Corp (AG.TO)

According to Musaffa’s Shariah screening methodology, First Majestic Silver Corp (AG.TO) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.