Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.
NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators
TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.
METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help
NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product
COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors
INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
29M.AX Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: April 27, 2026
Report Source: 2025 Annual Report
29Metals Ltd. Stock Analysis 29M.AX
Australia Materials Small Cap Report: 29Metals Ltd. engages in the exploration, development, and production of minerals and ancillary services. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-07-02. The principal activities of the Company are mining and mineral production, mineral concentrate sales, mineral exploration and development, and ancillary services. Its Golden Grove mine is a volcanic-hosted massive sulfide (VHMS) geological system. Its exploration activities include the Redhill exploration project located in Chile. The Redhill comprises historic mine site with significant known high grade copper, gold and silver mineralization and is a regional tenement position in Chile. The firm holds 100% of the Redhill exploration project. Its Cutters Cove project at Redhill includes the mineralized veins of Cristina, Gorda, Angelica, Cutters, and Franceses, and the Ingleses target area, as well as a regional tenement package within the surrounding province.
Read More 29Metals Ltd (29M.AX) Chart
Key Statistics of 29Metals Ltd (29M.AX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
AUD0.28Volume
2.94MP/E Ratio (TTM)
19.8852 Week Range
Market Cap
436.82MAvg. Volume
1.48MDividend Yield
-Financial Metrics & Statements of 29Metals Ltd (29M.AX)
FAQ's for 29Metals Ltd (29M.AX)
- According to Musaffa’s Shariah screening methodology, 29Metals Ltd (29M.AX) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes 29Metals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in 29Metals Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of 29Metals Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of 29Metals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of 29Metals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.