Is RGLD halal?
Royal Gold, Inc.
Halal
Royal Gold, Inc. 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
NASDAQ
Price
233
Day
+3.63%
Market cap
$19.54B
Industry
Gold
Sector
Basic Materials
What the company does
Royal Gold is a gold royalty/streaming company: it funds mines upfront in exchange for a share of the gold and silver they produce (Mount Milligan, Pueblo Viejo and 180+ assets). 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 $395.89M ÷ 36-month average market cap $12.27B = 3.2%
3.2%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $314.56M ÷ 36-month average market cap $12.27B = 2.6%
2.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $14.41M ÷ annual revenue $1.03B (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: $19.54B.
For information (AAOIFI 3/1 note): cash + receivables are 3.5% 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
- 0.03% · #286 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.41% · purify 1.4% · net 0.40%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $199.61
- Muhlenkamp$17.6M5.1%
- First Eagle Investment Management$344.0M0.3%
Exited this quarter: Lee Ainslie
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.