Southern Copper Corp SCCO
$216.00 $17.27 (8.69%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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SCCO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Southern Copper Corp is classified as doubtful.
DOUBTFUL
Report Source: undefined Quarter Report
Southern Copper Corp. Stock Analysis SCCO
United States Materials Large Cap Southern Copper Corp. engages in the development, production, and exploration of copper, molybdenum, zinc, and silver. The company is headquartered in Phoenix, Arizona and currently employs 16,617 full-time employees. The company is engaged in the production of copper, molybdenum, zinc and silver. All of its mining, smelting and refining facilities are located in Peru and Mexico, and it conducts exploration activities in those countries and in Argentina and Chile. Its segments include the Peruvian operations, Mexican open-pit operations and Mexican underground mining operations. Its Peruvian operations include the Toquepala and Cuajone mine complexes and the smelting and refining plants, including a precious metals plant, industrial railroad and port facilities that service both mines. Its Mexican open-pit operations include the La Caridad and Buenavista mine complexes and the smelting and refining plants, including a precious metals plant and a copper rod plant and support facilities that service both mines. Mexican underground mining operations include five underground mines that produce zinc, copper, lead, silver and gold; and a zinc refinery.
Southern Copper Corp (SCCO) Chart
Financial Metrics & Statements of Southern Copper Corp (SCCO)
FAQ's for Southern Copper Corp (SCCO)
- As of August 2026, Southern Copper Corp SCCO is classified as doubtful 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Southern Copper Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Southern Copper 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.
- Musaffa determines the Shariah status of Southern Copper Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Southern Copper Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Southern Copper Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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