Is Andean Silver Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Andean Silver Ltd (ASL.AX) is currently classified as NOT 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 Andean Silver 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 Andean Silver Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Andean Silver Ltd?

Muslim investors may consider investing in Andean Silver 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 Andean Silver Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Andean Silver 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 Andean Silver Ltd updated?

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

Can a halal stock like Andean Silver 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 Andean Silver Ltd?

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

ASL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 21, 2025

Report Source: 2025 Annual Report

Andean Silver Ltd. Stock Analysis ASL.AX

Australia Materials Micro Cap Report: 2025 Annual

Andean Silver Ltd. provides metal mining services. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-09-30. The firm is focused on advancing its 100% owned Cerro Bayo Silver-Gold project in the Aysen region of Southern Chile. The Cerro Bayo Silver-Gold project covers 285 square kilometers (km2) and comprises over 70 contiguous exploration concessions as well as surface properties that cover the areas of the Laguna Verde mining district and processing facilities. The Cerro Bayo Silver-Gold Project hosts indicated and inferred mineral resources of 9.8 million tons at a grade of 353 grams per ton for 111 million ounces of contained silver equivalent (AgEq). Its other projects include Hillside Project, Mt Alexander Project and Araluen Project. The Mt Alexander Project (E29/1167) is located on the western margin of the prospective Mt Alexander greenstone belt. The Araluen Project area covers 230 km2 and abuts and covers the southern extents of the Braidwood Granodiorite, host of the Dargues Gold mine.

Key Statistics of Andean Silver Ltd (ASL.AX)

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

Today's Range

AUD2.26AUD2.40

Today's Open

AUD2.33

Volume

1.38M

P/E Ratio (TTM)

52 Week Range

AUD0.82AUD2.74

Market Cap

410.45M

Avg. Volume

115.30K

Dividend Yield

Financial Metrics & Statements of Andean Silver Ltd (ASL.AX)

FAQ's for Andean Silver Ltd (ASL.AX)

According to Musaffa’s Shariah screening methodology, Andean Silver Ltd (ASL.AX) is currently classified as NOT 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.