Minco Silver Corp

MSV.TO

Not Compliant
Exchange
Sector
Headquarters
Group
The Toronto Stock Exchange
Basic Materials
Canada
Micro cap

Minco Silver Corp is not Shariah Compliant because it fails the financial ratios.

70.95%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
0.00%
0.00%
0.00%
0.00
21.06
0.00%

Shariah Compliance

  • Updated on September 24, 2025
Debt
1.78%
✓
Non-Compliant Assets
100%
✗
Impure Income
70.95%
✗

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
3.2%
✓
Impure Income
70.95%
✗

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
3.12%
✓
Impure Income
70.95%
✗

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
0.79%
✓
Cash
15.08%
✓
Cash & AR
15.12%
✓
Impure Income
70.95%
✗

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
0.79%
✓
Cash
15.08%
✓
Cash & AR
15.12%
✓
Impure Income
70.95%
✗

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
70.95%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Minco Silver Corporation is a Canada-based company, which is engaged in acquiring, exploring, and developing precious metals, mineral properties and projects. The Company’s projects include Fuwan Silver Deposit and Changkeng Gold Project. The Company, through its subsidiary, Guang Dong Changfu Mining Co. Ltd., has Luoke-Jilinggang Permit on the Fuwan area covering a total area of approximately 21.75 square kilometers (km2) located in Gaoming County, approximately 45 kilometers (kms) southwest of Guangzhou, a city in China and the capital city of Guangdong Province. The Changkeng Gold Project is adjoined to the Fuwan Silver Project. The Company has a 51% interest in the Changkeng Project through its subsidiary Mingzhong Mining Co. Ltd., a joint venture established with three Chinese partners. Its subsidiaries include Minco Investment Holding HK Ltd., Minco Resource Limited, Minco Mining (China) Co. Ltd., and Tibet Minco Mining Co. Ltd.

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