Is OR halal?
OR Royalties Inc.
Halal
OR Royalties Inc. 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
35.55
Day
+1.11%
Market cap
$6.28B
Industry
Gold
Sector
Basic Materials
What the company does
OR Royalties (formerly Osisko Gold Royalties, Canada) is a gold royalty/streaming company taking a share of output from Canadian Malartic and other mines. It operates no mines.
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 $219.28M ÷ 36-month average market cap $4.67B = 4.7%
4.7%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $204.26M ÷ 36-month average market cap $4.67B = 4.4%
4.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $4.02M ÷ annual revenue $277.37M (2025) = 1.4%
1.4%
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: $6.28B.
For information (AAOIFI 3/1 note): cash + receivables are 5.8% 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% · #524 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.66% · purify 1.4% · net 0.65%
Halal stocks in the same industry
The largest halal stocks in Gold — for comparison.
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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.