Is Alicanto Minerals Ltd halal to invest in?

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

Can Muslims buy shares of Alicanto Minerals Ltd?

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

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

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

Can a halal stock like Alicanto 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 Alicanto Minerals Ltd?

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

AQI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Alicanto Minerals Ltd. Stock Analysis AQI.AX

Australia Materials Micro Cap Report: Q2, 2025

Alicanto Minerals Ltd. is a mineral exploration company. The company is headquartered in Perth, Western Australia. The company went IPO on 2012-09-19. The firm is pursuing an aggressive exploration program at its flagship Mt Henry Gold Project in the heart of the Goldfields. The company is also exploring in Sweden’s highly regarded mining region of Bergslagen. This includes exploring its tenements around the Falun copper-gold and polymetallic skarn project, as well as seeking to identify high-grade silver extensions at the historic Sala silver-zinc-lead deposit. Its projects include the Falun Copper-Gold Project and Sala Zinc-Silver Project. The company owns Mt Henry-Selene Gold Project. The Mt Henry Gold Project is positioned within the broader Wiluna–Norseman belt. The company holds permits covering an area of 312km2 which includes the historic Falun mine and surrounds. Within these permits, it controls over 60km of the target limestone horizon. The Sala Zinc-Silver Project is located 85km from the Falun Project and 50km away from Boliden’s operating Garpenberg mine.

Key Statistics of Alicanto Minerals Ltd (AQI.AX)

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

Today's Range

AUD1.69AUD1.86

Today's Open

AUD1.75

Volume

413.40K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD2.42

Market Cap

229.08M

Avg. Volume

178.52K

Dividend Yield

Financial Metrics & Statements of Alicanto Minerals Ltd (AQI.AX)

FAQ's for Alicanto Minerals Ltd (AQI.AX)

According to Musaffa’s Shariah screening methodology, Alicanto Minerals Ltd (AQI.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.