Is AIC Mines Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, AIC Mines Ltd (A1M.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 AIC Mines 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 AIC Mines Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of AIC Mines Ltd?

Muslim investors may consider investing in AIC Mines 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 AIC Mines Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of AIC Mines 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 AIC Mines Ltd updated?

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

Can a halal stock like AIC Mines 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 AIC Mines Ltd?

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

A1M.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 26, 2026

Report Source: 2026 2nd Quarter Report

AIC Mines Ltd. Stock Analysis A1M.AX

Australia Materials Small Cap Report: Q2, 2026

AIC Mines Ltd. engages in the exploration, mine development and production, mine operations, and sale of copper concentrate. The company is headquartered in Subiaco, Western Australia. The firm is engaged in the exploration, mine development, mine operations and the sale of copper concentrate in Australia. Its project includes the Eloise Copper Mine. The company owns the Eloise Copper Mine, a high-grade operating underground mine located Southeast of Cloncurry in North Queensland. The firm is also engaged in advancing a portfolio of exploration projects that are prospective for copper and gold, which include the Delamerian Project, Pyramid Project, Windsor Base Metals Project, Lamil Project, and Peake and Denison Copper Project. The Eloise Project consists of the Eloise copper mine and the Jericho, Sandy Creek and Artemis copper deposits. The Eloise Copper Mine is located in North Queensland and 155 kilometers ESE of Mt Isa. The Delamerian Project consists of three large exploration licenses in western New South Wales. The company holds the Windsor base metal project and Pyramid gold projects south of Charter Towers.

Key Statistics of AIC Mines Ltd (A1M.AX)

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

Today's Range

AUD0.65AUD0.67

Today's Open

AUD0.67

Volume

1.27M

P/E Ratio (TTM)

36.26

52 Week Range

AUD0.30AUD0.75

Market Cap

470.60M

Avg. Volume

1.48M

Dividend Yield

Financial Metrics & Statements of AIC Mines Ltd (A1M.AX)

FAQ's for AIC Mines Ltd (A1M.AX)

According to Musaffa’s Shariah screening methodology, AIC Mines Ltd (A1M.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.