Is Newmont Corporation halal to invest in?

As of August 2026, Newmont Corporation NEWM.VI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Newmont Corporation 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 Newmont Corporation using these criteria to determine its compliance status.

Can Muslims buy shares of Newmont Corporation?

Muslim investors may consider investing in Newmont Corporation 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 Newmont Corporation classified as NOT HALAL?

Musaffa determines the Shariah status of Newmont Corporation 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 Newmont Corporation updated?

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

Can a halal stock like Newmont Corporation 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 Newmont Corporation?

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

Newmont Corporation NEWM.VI

Last Updated: Aug 14, 12:00 AM·WBAG

NEWM.VI Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, Newmont Corporation is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Newmont Corporation. Stock Analysis NEWM.VI

Austria Materials Large Cap

Newmont Corp. engages in the exploration and acquisition of gold properties, containing copper, silver, lead, zinc or other metals. The company is headquartered in Denver, Colorado and currently employs 17,500 full-time employees. The firm's operations include Brucejack, Red Chris, Penasquito, Merian, Cerro Negro, Yanacocha, Boddington, Tanami, Cadia, Lihir, Ahafo, and NGM. The Brucejack operation includes four mining leases and six core mineral claims which cover 8,169 acres (3,306 hectares) and 337 mineral claims covering 298,795 acres (120,918 hectares). The Red Chris operation includes five mining leases which cover 12,703 acres and 199 mineral claims, encompassing an area of 164,903 acres (66,734 hectares). Penasquito includes 20 mining concessions for operations comprising 113,231 acres (45,823 hectares) and 60 mining concessions for exploration of 107,456 acres (43,486 hectares). The Merian operation includes one right of exploitation encompassing an area of 41,687 acres (16,870 hectares).