Aris Mining Corp

ARMN

Compliant
Exchange
Sector
Headquarters
Group
Canada
Small cap

Aris Mining Corp is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

1.68%

Impure Income*

$0.020

Purification*

$0.030

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Small cap
BUY
$11.63
$7.95
$13.38
5
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
73.62%
23.14%
4.81%
2.27
2.61
68.75%

Shariah Compliance

  • Updated on October 23, 2025
Debt
27.84%
✓
Non-Compliant Assets
0.00%
✓
Impure Income
1.68%
✓

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
87.90%
✗
Impure Income
1.68%
✓

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
72.13%
✗
Impure Income
1.68%
✓

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
23.73%
✓
Cash
14.14%
✓
Cash & AR
14.34%
✓
Impure Income
1.68%
✓

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
23.73%
✓
Cash
14.14%
✓
Cash & AR
14.34%
✓
Impure Income
1.68%
✓

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
1.68%

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

Aris Mining Corporation is a Canada-based gold mining company. The Company is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates two underground gold mines in Colombia, which are rich in high-grade deposits: the Segovia Operations and the Marmato Upper Mine. Its other projects include the Soto Norte Project, Toroparu Project, and the Juby Project. The Segovia Operations are 100% owned by the Company and are located in a historic mining district of Colombia and comprise four underground mines. The Marmato mine is 100% owned by the Company and is located in a historic mining district of Colombia and consists of the operating, small-scale underground Upper Mine and a 1,000 tons per-day (tpd) processing facility that produces dore. The Soto Norte Project is located in a historic mining district in Colombia. It holds a 51% joint venture interest and serves as the project operator.

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