Is Denison Mines Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Denison Mines Corp (DML.TO) is currently classified as NOT HALAL as of March 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 Denison Mines 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 Denison Mines Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Denison Mines Corp?

Muslim investors may consider investing in Denison Mines 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 Denison Mines Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Denison Mines 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 Denison Mines Corp updated?

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

Can a halal stock like Denison Mines 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 Denison Mines Corp?

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

DML.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2026

Report Source: 2025 Annual Report

Denison Mines Corp. Stock Analysis DML.TO

Canada Energy Mid Cap Report: 2025 Annual

Denison Mines Corp. engages in the exploration and development of uranium. The firm holds a 95% interest in the Wheeler River Project, which is a uranium project. The company hosts two uranium deposits: Phoenix and Gryphon. The company is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. The company holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. The company also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. The company also offers environmental services. The firm also uses MaxPERF drilling tool technology and systems.

Key Statistics of Denison Mines Corp (DML.TO)

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

Today's Range

CAD4.46CAD4.65

Today's Open

CAD4.65

Volume

4.35M

P/E Ratio (TTM)

52 Week Range

CAD1.95CAD6.04

Market Cap

4.62B

Avg. Volume

3.91M

Dividend Yield

Financial Metrics & Statements of Denison Mines Corp (DML.TO)

FAQ's for Denison Mines Corp (DML.TO)

According to Musaffa’s Shariah screening methodology, Denison Mines Corp (DML.TO) is currently classified as NOT HALAL as of March 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.