Is African Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, African Gold Ltd (A1G.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.

Is African Gold Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes African Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of African Gold Ltd?

Muslim investors may consider investing in African Gold 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.

Why is African Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of African Gold Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for African Gold Ltd updated?

The Shariah compliance status of African Gold Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like African Gold Ltd become non-compliant?

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.

Where can I check the Shariah status of African Gold Ltd?

You can check the latest Shariah compliance status of African Gold Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

A1G.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 22, 2026

Report Source: 2025 Annual Report

African Gold Ltd. Stock Analysis A1G.AX

Australia Materials Small Cap Report: 2025 Annual

African Gold Ltd. engages in the exploration, evaluation, and mining of mineral properties. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2019-02-14. The principal activities of the Company consist of exploration and evaluation of mineral resources. The company operates through two segments: Exploration and evaluation of Minerals in Cote d’Ivoire and Exploration and evaluation of Minerals in Mali. Its projects include Didievi Project, Agboville Project, Konahiri Project, Koyekro Project, Kedougou-Kenieba Project, and Syama Shear Zone Project. The Didievi Project located in central Cote d’Ivoire, approximately 35 kilometers (km) from the capital, Yamoussoukro, and 60km from operating low-grade mines. The Agboville Project covers an area of 1,400 square kilometer (km2) and is located in the southeast of the West African Craton. he Konahiri North (391 km2) and Konahiri South (354 km2) Applications are situated in the central portion of the NNW-trending Kotiola Marabadrassa Birimian Greenstone Belt, in central Cote d’Ivoire.

Key Statistics of African Gold Ltd (A1G.AX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AUD1.01AUD1.06

Today's Open

AUD1.05

Volume

13.91M

P/E Ratio (TTM)

52 Week Range

AUD0.11AUD1.09

Market Cap

552.34M

Avg. Volume

361.81K

Dividend Yield

Financial Metrics & Statements of African Gold Ltd (A1G.AX)

FAQ's for African Gold Ltd (A1G.AX)

According to Musaffa’s Shariah screening methodology, African Gold Ltd (A1G.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.