Is HL halal?
Hecla Mining Company
Halal
Hecla Mining Company passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
15.29
Day
-1.74%
Market cap
$10.31B
Industry
Other Precious Metals & Mining
Sector
Basic Materials
What the company does
Hecla Mining is the largest US silver miner (Greens Creek — Alaska, Lucky Friday — Idaho, Keno Hill — Canada), with gold too. Its money comes from silver and gold sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $12.73M ÷ 36-month average market cap $663.47B = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $637.88M ÷ 36-month average market cap $663.47B = 0.1%
0.1%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $10.31B.
For information (AAOIFI 3/1 note): cash + receivables are 13.7% of total assets (2025-12-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.02% · #420 of 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.09% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $15.43
- Arnold Van Den BergCentury Management$262K0.1%
- First Eagle Investment Management$12.4M0.0%
Halal stocks in the same industry
The largest halal stocks in Other Precious Metals & Mining — for comparison.
Related articles
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- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.