diff --git a/mesonbuild/backend/backends.py b/mesonbuild/backend/backends.py
index dd9e6ee6cf28..8cf738dbf436 100644
--- a/mesonbuild/backend/backends.py
+++ b/mesonbuild/backend/backends.py
@@ -355,6 +355,9 @@ def get_target_filename_for_linking(self, target: T.Union[build.Target, build.Cu
         # On all other platforms, we link to the library directly.
         if isinstance(target, build.SharedLibrary):
             link_lib = target.get_import_filename() or target.get_filename()
+            # In AIX, if we archive .so, the blibpath must link to archived shared library otherwise to the .so file.
+            if mesonlib.is_aix() and target.aix_so_archive:
+                link_lib = re.sub('[.][a]([.]?([0-9]+))*([.]?([a-z]+))*', '.a', link_lib.replace('.so', '.a'))
             return os.path.join(self.get_target_dir(target), link_lib)
         elif isinstance(target, build.StaticLibrary):
             return os.path.join(self.get_target_dir(target), target.get_filename())
diff --git a/mesonbuild/backend/ninjabackend.py b/mesonbuild/backend/ninjabackend.py
index 3375b699e97d..186809e87e74 100644
--- a/mesonbuild/backend/ninjabackend.py
+++ b/mesonbuild/backend/ninjabackend.py
@@ -1058,8 +1058,9 @@ def generate_target(self, target):
         #In AIX, we archive shared libraries. If the instance is a shared library, we add a command to archive the shared library
         #object and create the build element.
         if isinstance(target, build.SharedLibrary) and self.environment.machines[target.for_machine].is_aix():
-            elem = NinjaBuildElement(self.all_outputs, linker.get_archive_name(outname), 'AIX_LINKER', [outname])
-            self.add_build(elem)
+            if target.aix_so_archive:
+                elem = NinjaBuildElement(self.all_outputs, linker.get_archive_name(outname), 'AIX_LINKER', [outname])
+                self.add_build(elem)
 
     def should_use_dyndeps_for_target(self, target: 'build.BuildTarget') -> bool:
         if mesonlib.version_compare(self.ninja_version, '<1.10.0'):
@@ -2381,13 +2382,13 @@ def generate_dynamic_link_rules(self):
 
                 options = self._rsp_options(compiler)
                 self.add_rule(NinjaRule(rule, command, args, description, **options, extra=pool))
-            if self.environment.machines[for_machine].is_aix():
-                rule = 'AIX_LINKER{}'.format(self.get_rule_suffix(for_machine))
-                description = 'Archiving AIX shared library'
-                cmdlist = compiler.get_command_to_archive_shlib()
-                args = []
-                options = {}
-                self.add_rule(NinjaRule(rule, cmdlist, args, description, **options, extra=None))
+        if self.environment.machines[for_machine].is_aix():
+            rule = 'AIX_LINKER{}'.format(self.get_rule_suffix(for_machine))
+            description = 'Archiving AIX shared library'
+            cmdlist = compiler.get_command_to_archive_shlib()
+            args = []
+            options = {}
+            self.add_rule(NinjaRule(rule, cmdlist, args, description, **options, extra=None))
 
         args = self.environment.get_build_command() + \
             ['--internal',
@@ -3489,11 +3490,6 @@ def generate_link(self, target: build.BuildTarget, outname, obj_list, linker: T.
         else:
             dependencies = target.get_dependencies()
         internal = self.build_target_link_arguments(linker, dependencies)
-        #In AIX since shared libraries are archived the dependencies must
-        #depend on .a file with the .so and not directly on the .so file.
-        if self.environment.machines[target.for_machine].is_aix():
-            for i, val in enumerate(internal):
-                internal[i] = linker.get_archive_name(val)
         commands += internal
         # Only non-static built targets need link args and link dependencies
         if not isinstance(target, build.StaticLibrary):
@@ -3699,8 +3695,8 @@ def generate_ending(self) -> None:
                 # Add the first output of each target to the 'all' target so that
                 # they are all built
                 #Add archive file if shared library in AIX for build all.
-                if isinstance(t, build.SharedLibrary):
-                    if self.environment.machines[t.for_machine].is_aix():
+                if self.environment.machines[t.for_machine].is_aix():
+                    if isinstance(t, build.SharedLibrary) and t.aix_so_archive:
                         linker, stdlib_args = self.determine_linker_and_stdlib_args(t)
                         t.get_outputs()[0] = linker.get_archive_name(t.get_outputs()[0])
                 targetlist.append(os.path.join(self.get_target_dir(t), t.get_outputs()[0]))
diff --git a/mesonbuild/build.py b/mesonbuild/build.py
index ac2993fec487..c40febcef50e 100644
--- a/mesonbuild/build.py
+++ b/mesonbuild/build.py
@@ -2176,6 +2176,9 @@ class SharedLibrary(BuildTarget):
 
     typename = 'shared library'
 
+    # Used by AIX to decide whether to archive shared library or not.
+    aix_so_archive = True
+
     def __init__(
             self,
             name: str,
@@ -2441,6 +2444,9 @@ class SharedModule(SharedLibrary):
 
     typename = 'shared module'
 
+    # Used by AIX to not archive shared library for dlopen mechanism
+    aix_so_archive = False
+
     def __init__(
             self,
             name: str,
diff --git a/mesonbuild/minstall.py b/mesonbuild/minstall.py
index 5f8629b7fe47..e1ba6505fd50 100644
--- a/mesonbuild/minstall.py
+++ b/mesonbuild/minstall.py
@@ -720,8 +720,9 @@ def install_targets(self, d: InstallData, dm: DirMaker, destdir: str, fullprefix
             # In AIX, we archive our shared libraries.  When we install any package in AIX we need to
             # install the archive in which the shared library exists. The below code does the same.
             # We change the .so files having lt_version or so_version to archive file install.
+            # If .so does not exist then it means it is in the archive. Otherwise it is a .so that exists.
             if is_aix():
-                if '.so' in t.fname:
+                if not os.path.exists(t.fname) and '.so' in t.fname:
                     t.fname = re.sub('[.][a]([.]?([0-9]+))*([.]?([a-z]+))*', '.a', t.fname.replace('.so', '.a'))
             if not self.should_install(t):
                 continue