Is Barrick Gold (GOLD) stock halal to invest in?

Q: Is Barrick Gold (GOLD) stock halal to invest in?

Halal Investors analysed and rated Barrick Gold (GOLD) with the comfort rating: 'Uncomfortable'. We scored Barrick Gold (GOLD) with the following scores: Business score: 5/5, Financial score: 4/5, ESG score: 2/5.

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic,... Read More

Industry: Metals Mining Sector: Materials

Currently in review using our new methodology check back by end of Jan 2022

Barrick Gold (GOLD)

Uncomfortable See Alternatives

Business Score

Financial Score

ESG Score

Report Summary

None of the business's revenue comes from Haram.
Interest is used but is not relied on to run the company.
The company has a net negative impact on at least one of the following: environment, society or governance.

What are Halal Investors' Comfort Levels?

Our Comfort Levels are based on our analysts’ latest review of a company's business, finances, and Environmental, Social and Governance (ESG) Impact. Our reports are not meant to be understood as a religious ruling (fatwa). Rather, they represent our best efforts in trying to identify whether a company is engaged in anything forbidden in Islam (haram) and to what extent. Based on our analysis, we determine our Comfort Level with investing in the company. We encourage readers to let us know if we missed anything in the comments and to voice their agreement/disagreement by leaving a thumbs up/down. Read more about our methodology.

Is Barrick Gold (GOLD) stock halal to invest in?

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