Is Kinross Gold / K Halal?
Kinross Gold Corporation (TSX: K) is the Toronto-based senior gold producer with mines in the Americas (including Tasiast in Mauritania and Paracatu in Brazil) and a portfolio of development projects. Mining and selling gold is a permissible business.
The two-gate Shariah screen
Every screener on this site runs the same two gates: first, the business must be halal (no conventional insurance, banking, alcohol, gambling, and the like); second, the financial ratios must clear (debt under roughly 33% of market cap, non-compliant income under roughly 5%).
Gate one: the business — PASS
Kinross mines gold and silver at producing operations and advances development projects — none of these are prohibited business activities. Gate one: PASS.
Gate two: the ratios — PASS
Debt-to-market-cap: ~2.6% on a converted basis (ceiling ~33%) — PASS. At June 30, 2026, Kinross carried US$738.8 million of long-term debt against US$2,656.4 million of cash and cash equivalents — net cash of about US$1.9 billion. Against a market cap near C$40.9 billion (TSX: K at about C$34.11), the US$738.8 million of debt — about C$1.05 billion at ~C$1.42 per US$ in late September 2026 — is roughly 2.6% of market cap — comfortably under the ~33% ceiling.
Finance income: ~0.9% of revenue (ceiling ~5%) — PASS. Q2 2026 reported finance income of US$19.8 million on US$2,238.1 million of revenue — about 0.9%; the six-month figure was US$35.2 million on US$4,645.8 million (about 0.8%), well under the screen. Gate two: PASS.
The bottom line
This screener gives Kinross Gold Corporation (TSX: K) a PASS. Q2 2026 (three months ended June 30, 2026, reported July 29, 2026) posted revenue of US$2,238.1 million, net earnings of US$844.2 million, operating cash flow of US$1,145.9 million, and attributable free cash flow of US$726.8 million, with a margin of US$1,375 per attributable ounce sold. No public Shariah rating from Zoya, Musaffa, or ShariaPortfolio was located for this ticker. Snapshot dated September 28, 2026; re-checked quarterly after earnings.
What could flip it: heavy borrowing — for example to fund a large acquisition — pushing debt toward roughly US$3.8 billion (33% of today's market cap) would fail the screen. See all the screeners on the screeners hub.
Frequently asked questions
Is Kinross Gold stock halal?
This screener gives Kinross Gold Corporation (TSX: K) a PASS. Gold mining clears the business-activity screen, and the ratios pass: US$738.8 million of long-term debt against a market cap near C$40.9 billion is roughly 2.6% — under the ~33% ceiling — while finance income of US$19.8 million on US$2,238.1 million of Q2 2026 revenue is about 0.9%, under the ~5% screen.
What are Kinross Gold's debt and market-cap figures?
At June 30, 2026, Kinross reported US$738.8 million of long-term debt against US$2,656.4 million of cash and cash equivalents — net cash of about US$1.9 billion. Against a market cap near C$40.9 billion (TSX: K at about C$34.11), the US$738.8 million of debt — about C$1.05 billion at ~C$1.42 per US$ in late September 2026 — is roughly 2.6% of market cap — under the ~33% AAOIFI ceiling by a wide margin.
Does Kinross Gold earn interest income?
Kinross reported finance income of US$19.8 million in Q2 2026 on US$2,238.1 million of revenue — about 0.9%, well under the ~5% screen. The six-month figure was US$35.2 million on US$4,645.8 million of revenue (about 0.8%).
What could change Kinross Gold's halal screener?
Taking on significant new debt — for example to fund a large acquisition — could push the debt ratio toward the ~33% ceiling (about US$3.8 billion at today's market cap). This screener is a snapshot dated September 28, 2026 and is re-checked quarterly after earnings; Q3 2026 results are due around late October 2026.
What do Zoya, Musaffa, and ShariaPortfolio say?
No verified current third-party verdict on Kinross Gold was found in public sources during our September 2026 research — not on Zoya, Musaffa, or ShariaPortfolio. Our PASS result is an independent application of the AAOIFI-style screen; consult a scholar or screener of your choice before investing.