AngloGold Ashanti PLC (NYSE) Is Islamic Finance Compliant and ESG Rated ‘A’ – A Safe Choice for Ethical Investors in Gold
Anglogold Ashanti PLC matters for ethical investors because it sits at the intersection of a scarce, durable asset—gold—and clear ethical screening that appeals to faith-based and socially conscious portfolios. For conscious investors seeking halal stocks, shariah compliant options, and companies that avoid links to war crimes or genocide, Anglogold Ashanti PLC offers a compelling mix: large-scale global operations, clear production metrics, and an investability score that flags it as suitable for many ethical strategies.
Anglogold Ashanti PLC is a major gold miner listed on the NYSE and headquartered in the United States (registered in England and Wales, with South African origins). What makes it ethically noteworthy is threefold: its Islamic finance compliance, a neutral but non-adverse human rights footprint in public records, and an investability rating of A. In this report I examine three ethical pillars for investors: human rights and conflict exposure; ESG standards and disclosure; and halal/Shariah compliance. Read on to see how these pillars combine into a practical verdict for your portfolio.
Final Investability Verdict
- ✓ ESG Compliance: Neutral (Information not available)
- ✓ Islamic Finance: Islamic Finance Compliant / Shariah Compliant / Halal
- ✓ Human Rights Safe: Neutral (No reference to war crimes, genocide, or human rights violations)
- ✓ EI Score as Rating: A (Investable)
Overall recommendation: Investable (A) — conditional on investor due diligence for ESG disclosures and ongoing monitoring of country-level risk exposure.
Key strengths:
- Large, diversified gold producer with ~2.66 million ounces gold output (2024) and ~31.2 Moz reserves.
- Certified Islamic finance compliance making it accessible to halal stock investors.
- EI Investability Score A — rated investable for ethical portfolios.
Primary concerns:
- Public ESG compliance data appears limited—rated here as Neutral due to lack of verified ESG disclosure available in the dataset.
- Operations in multiple jurisdictions with varied governance and social risk profiles (e.g., DRC, Guinea, Tanzania, Egypt) require active monitoring.
Ideal investor profile: Ethical income and resource investors seeking exposure to gold, Muslim investors seeking halal stocks, and long-term holders looking for diversification into commodities with a responsible screening overlay.
“Why Your Investment Decision Matters: By directing capital to transparent, ethically screened companies like Anglogold Ashanti PLC, investors can support responsible mining practices and community development while pursuing steady income—helping both their portfolios and the broader world.”
Company Overview
Anglogold Ashanti PLC is a global gold mining company with a diversified portfolio spanning mines, development projects, and exploration operations across four continents. The company’s core business is gold production; it also recovers by-product silver when economically viable and pursues greenfield exploration to replenish resources.
| Attribute | Details |
|---|---|
| Company Name | Anglogold Ashanti PLC |
| Headquarters / Registration | Headquartered in Denver, Colorado; registered in England & Wales |
| Stock Exchange | NYSE (primary); JSE, A2X, Ghana secondary |
| Market Cap | $42.39B |
| CEO | Alberto Calderon |
| 2024 Production | 2.66M oz gold, 3.75M oz silver (by-product) |
| Reserves & Resources (end‑2024) | Measured & Indicated Resource ≈ 67.1 Moz; Mineral Reserve ≈ 31.2 Moz |
| Employees | Average workforce ≈ 39,484 (permanent + contractors) |
| Website | anglogoldashanti.com |
| Products / Services | Gold mining, by‑product silver, exploration, development projects |
Anglogold Ashanti PLC operates 11 mines across more than eight countries following the Centamin acquisition (Sukari mine in Egypt) in November 2024. The company’s scale and multi-jurisdiction footprint position it as a major player in the gold sector on the NYSE and for ethical investors worldwide.
Human Rights Safety: Genocide & War Crime Involvement Check
Anglogold Ashanti PLC’s public data presents no reference to involvement in war crimes, genocide, or systematic human rights abuses. The dataset records a Neutral status for human rights safety, explicitly stating: “No reference to conflict, politics, or human rights violations” and “No affiliation found to involvement in war crimes, genocide support, or human rights violation (by company or key officials).”
Supply chain analysis:
- Anglogold Ashanti operates mines in high-risk countries (e.g., DRC, Guinea, Tanzania, Egypt). Mining supply chains in these jurisdictions can face community, security, and governance risks.
- However, the dataset does not indicate direct links to armed groups, sanctioned entities, or illicit mineral trade. Information on supplier audits and traceability was not available in the dataset—marked as “Information not available.”
Customer base screening:
- Gold is sold into global markets and to refiners and bullion markets rather than specific regimes. There is no data indicating sales to oppressive state actors or sanctioned parties.
- Because gold is a fungible commodity, adherence to responsible sourcing standards (e.g., conflict-free protocols) matters—no confirmed data supplied here on certifications or chain-of-custody practices.
Product/service use verification:
- Products (gold, silver) are civilian commodities with no direct military application listed by the company. There is no evidence of dual-use weaponization linked to the company’s outputs.
Business integrity score and summary:
- Business Integrity: Neutral — no recorded affiliations with non-ESG activities or human rights violations.
- Investability: Rated Investable (A) reflecting no disqualifying human rights links in the provided data.
Here’s why this matters for investors: “By choosing not to fund companies tied to conflict or human-rights abuses—and selecting responsible miners instead—investors can reduce the incentive structures that enable harmful actors. Capital allocation matters: war-free investing channels resources toward companies that can build stable local economies and safer supply chains.”
Practical recommendation: Given operations in jurisdictions with elevated risk, investors should seek company disclosures on supplier audits, grievance mechanisms, security practices, and community agreements to maintain a war-free, genocide-free investment stance.
ESG Compliance: Environmental, Social & Governance Standards
The dataset labels ESG status as Neutral: “ESG Compliance Data Not Available” while the article title references an ESG ‘A’ rating. To remain factual: verified, independent disclosure supporting an ESG ‘A’ rating was not provided in the data fields here. That means investors should treat an “A” claim as unverified unless substantiated by the company’s published ESG reports or third‑party ratings.
Specifics from available information:
- Environmental: Anglogold Ashanti’s core environmental impacts stem from mining operations—land disturbance, tailings management, water use, and emissions. The dataset indicates no public allegations of severe environmental violations, but it also provides no detailed emissions, water-use, closure plans, or tailings governance data.
- Social: Workforce of ~39,484 people indicates material social footprint. No reported large-scale labor abuses or human-rights violations in this dataset, but comprehensive data on labor standards, community benefits, and local procurement is not available here.
- Governance: CEO listed as Alberto Calderon. No data reported here on board composition, independence, executive pay, or anti-corruption controls. The company is publicly listed on the NYSE, which imposes governance disclosure standards, but independent ESG metrics were not supplied.
Examples of sustainability practices investors typically seek (information not available in dataset unless stated):
- Rigorous tailings management and independent reviews
- Emission reduction targets and renewable energy use at sites
- Community development agreements and transparent grievance mechanisms
- Board-level ESG oversight and transparent reporting aligned to frameworks (e.g., TCFD, SASB)
Bottom line: Anglogold Ashanti PLC does not appear in the dataset as affiliated with non-ESG activities or human-rights violations, but independent, verifiable ESG disclosures were not provided. For investors focused on ESG compliant holdings, obtaining the latest sustainability report, third-party ESG ratings, and evidence of environmental and social management is essential before allocating capital.
Islamic Finance Compliance: Shariah & Halal Investment Status
Anglogold Ashanti PLC is reported as Islamic Finance Compliant — Shariah Compliant — Halal in the dataset. That status matters for Muslim investors seeking exposure to halal stocks and for ethical investors who use Shariah screens as a quality filter.
What makes this stock halal/Shariah‑compliant?
- Primary business: gold mining. Gold is a tangible asset and acceptable under Shariah principles when financing and revenue sources meet screening criteria.
- No listed involvement in prohibited activities (alcohol, gambling, pork, interest-based finance, weapons, or adult entertainment) based on the provided data.
- The company’s revenues are derived from mining and the sale of metals—these are permitted activities when not tied to prohibited parties or interest-bearing financial engineering.
Revenue sources and prohibited-activities screening:
- The dataset lists gold and silver production, exploration, and development—no indications of revenue from prohibited sectors.
- Information on debt ratios, interest income, and non-operating revenue streams was not provided. Many Shariah audits also require financial ratio screens (e.g., debt-to-assets, interest income thresholds). That financial detail is “Information not available” in this brief.
Why this matters for Muslim and ethical investors:
- Halal stocks broaden access to commodity exposure for faith-based portfolios while maintaining ethical constraints.
- Shariah compliance often aligns with conservative financial practices—less leverage, real-asset focus—which some ethical investors prefer.
- For war-free investing and genocide-free companies, a Shariah screen adds an additional layer by excluding harmful industries and sometimes problematic counterparties.
Practical note: Anglogold Ashanti PLC’s Shariah/halal status in the dataset is a green light for many Muslim investors, but a full Shariah audit typically checks financial ratios and specific revenue streams. Investors should obtain the latest Shariah-compliance certificate or third-party screening report before final allocation.
Final Investability Summary
- ✓ ESG Compliance: Neutral (Information not available)
- ✓ Islamic Finance: Islamic Finance Compliant / Shariah Compliant / Halal
- ✓ Human Rights Safe: Neutral (No reference to war crimes, genocide, or human rights violations)
- ✓ EI Score as Rating: A (Investable)
Overall recommendation: Investable (A), conditional on investors seeking updated ESG reports, Shariah audit documentation (if required), and monitoring geopolitical risks in operating countries.
Encourage due diligence: Verify the latest sustainability disclosures, third-party ESG ratings, and company statements on supply chain traceability before making a final investment decision.
Share This Article to Spread Awareness
“Help other ethical investors make informed decisions. Share this comprehensive analysis with your network to promote transparent, responsible investing.”
