Is Apollo Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Apollo Minerals Ltd (AON.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 Apollo 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 Apollo Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Apollo Minerals Ltd?

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

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

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

Can a halal stock like Apollo 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 Apollo Minerals Ltd?

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

AON.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Apollo Minerals Ltd. Stock Analysis AON.AX

Australia Materials Micro Cap Report: Q2, 2025

Apollo Minerals Ltd. engages in the mineral exploration and development of Couflens and Aurenere projects. The company is headquartered in Perth, Western Australia. The company went IPO on 2007-10-31. The firm is focused on the discovery and development of substantial near-surface gold mineralization at the Company’s Salanie Gold Project within its 100% owned Keri permit in Gabon. The company also owns the near surface zinc-lead, Kroussou Project in Gabon. The Salanie Gold Project is located 16 kilometers (km) from the town of Lambarene and lies within the Company’s 100% owned Keri Permit (G4-456). The Kroussou project is located in south-west Gabon on the central west African coast. The project exploration permit is 100% owned by the Company, located approximately 220 km south of the capital Libreville within the Ngounie Province. The Project consists of two exploration permits (G4-569 and G4-456) which cover over 2,363 square kilometers (km2) and have 135 km of strike length along the prospective contact between the Cretaceous Cotier Basin to the west and Archean/Proterozoic basement to the east.

Key Statistics of Apollo Minerals Ltd (AON.AX)

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

Today's Range

AUD0.07AUD0.07

Today's Open

AUD0.07

Volume

1.63M

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.09

Market Cap

84.03M

Avg. Volume

1.81M

Dividend Yield

Financial Metrics & Statements of Apollo Minerals Ltd (AON.AX)

FAQ's for Apollo Minerals Ltd (AON.AX)

According to Musaffa’s Shariah screening methodology, Apollo Minerals Ltd (AON.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.