Is Aspire Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Aspire Mining Ltd (AKM.AX) is currently classified as HALAL as of October 2025. 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 Aspire Mining 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 Aspire Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Aspire Mining Ltd?

Muslim investors may consider investing in Aspire Mining 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 Aspire Mining Ltd classified as HALAL?

Musaffa determines the Shariah status of Aspire Mining 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 Aspire Mining Ltd updated?

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

Can a halal stock like Aspire Mining 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 Aspire Mining Ltd?

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

AKM.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 19, 2025

Report Source: 2025 2nd Quarter Report

Aspire Mining Ltd. Stock Analysis AKM.AX

Australia Materials Micro Cap Report: Q2, 2025

Aspire Mining Ltd. is a mineral exploration and development company. The company is headquartered in Sydney, New South Wales. The company went IPO on 2007-02-06. The firm 100% owns the Ovoot Coking Coal Project, and 90% owns the Nuurstei Coking Coal Project, both located in Khuvsgul aimag of north-western Mongolia. The firm is primarily focused on developing the Ovoot Coking Coal Project to mine coking coal via open pit methods, beneficiate it onsite, transport it by truck to a Company-owned coal unloading and loading facility near Erdenet, and delivering it onward via rail to customers in China, Russia and beyond utilizing the existing trans-Mongolian rail network. The Ovoot Project area is located in north-western Mongolia and comprises mining license MV017098. The Nuurstei project comprises mining license MV-020941 and is capable of producing washed hard coking coal. The project is located approximately 10 kilometers (km) from Khuvsgul provincial capital of Moron and is approximately 160 km northeast of the Ovoot project.

Key Statistics of Aspire Mining Ltd (AKM.AX)

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

Today's Range

AUD0.25AUD0.25

Today's Open

AUD0.25

Volume

460.00

P/E Ratio (TTM)

52 Week Range

AUD0.20AUD0.32

Market Cap

129.45M

Avg. Volume

12.39K

Dividend Yield

Financial Metrics & Statements of Aspire Mining Ltd (AKM.AX)

FAQ's for Aspire Mining Ltd (AKM.AX)

According to Musaffa’s Shariah screening methodology, Aspire Mining Ltd (AKM.AX) is currently classified as HALAL as of October 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.