Is Arrow Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Arrow Minerals Ltd (AMD.AX) is currently classified as NOT HALAL as of July 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 Arrow Minerals 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 Arrow Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Arrow Minerals Ltd?

Muslim investors may consider investing in Arrow Minerals 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 Arrow Minerals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Arrow Minerals 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 Arrow Minerals Ltd updated?

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

Can a halal stock like Arrow Minerals 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 Arrow Minerals Ltd?

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

AMD.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2024 Annual Report

Arrow Minerals Ltd. Stock Analysis AMD.AX

Australia Materials Nano Cap Report: 2024 Annual

Arrow Minerals Ltd. is an exploration and development company, which engages in the exploration of gold, lithium, and nickel. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-10-28. The firm has two projects in Guinea, West Africa, the Niagara Bauxite Project and the Simandou North Iron Project. The Simandou North Iron Project consists of exploration permit 22967 which lies at the northern end of the Simandou Range, forming an extension of the stratigraphy that hosts the combined Simandou project. This project is composed of The Winning Consortium Simandou (WCS) project to the North and The Rio Tinto Simfer Simandou Project to the South. The Niagara Bauxite Project is located over 100 kilometers from the Simandou multi-user railway. This project falls within the three prefectures of Mamou, Dalaba and Tougue, and includes bauxite plateau.

Key Statistics of Arrow Minerals Ltd (AMD.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

3.60M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.02

Market Cap

17.56M

Avg. Volume

266.72K

Dividend Yield

Financial Metrics & Statements of Arrow Minerals Ltd (AMD.AX)

FAQ's for Arrow Minerals Ltd (AMD.AX)

According to Musaffa’s Shariah screening methodology, Arrow Minerals Ltd (AMD.AX) is currently classified as NOT HALAL as of July 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.