Is OGC halal?
OceanaGold Corporation
Halal
OceanaGold Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
27.33
Day
+2.55%
Market cap
$5.88B
Industry
Gold
Sector
Basic Materials
What the company does
OceanaGold (Canada/Australia) is a gold miner: Haile (US), Didipio (Philippines), Waihi and Macraes (New Zealand). Its money comes from 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 $50.10M ÷ 36-month average market cap $3.45B = 1.4%
1.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $654.80M ÷ 36-month average market cap $3.45B = 19.0%
19.0%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $8.50M ÷ annual revenue $1.89B (2025) = 0.5%
0.5%
Pass
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: $5.88B.
For information (AAOIFI 3/1 note): cash + receivables are 19.4% of total assets (2026-06-30). 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
- 0.01% · #540 of 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.89% · purify 0.5% · net 0.88%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $25.06
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Gold — for comparison.
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- 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.