Is Auric Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Auric Mining Ltd (AWJ.AX) is currently classified as DOUBTFUL 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 Auric 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 Auric Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Auric Mining Ltd?

Muslim investors may consider investing in Auric 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 Auric Mining Ltd classified as DOUBTFUL?

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

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

Can a halal stock like Auric 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 Auric Mining Ltd?

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

AWJ.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 29, 2025

Report Source: 2024 Annual Report

Auric Mining Ltd. Stock Analysis AWJ.AX

Australia Materials Nano Cap Report: 2024 Annual

Auric Mining Ltd. engages in mining exploration activities. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-02-12. The firm is focused on gold exploration, mining, production and development in the Goldfields' region of Western Australia (WA). The Company’s projects include Jeffreys Find Gold Mine, The Widgiemooltha Gold Project & Munda Gold Deposit, The Spargoville Project, and The Chalice West Project. The Munda Gold Deposit is located five km from Widgiemooltha, WA Goldfields. The Jeffreys Find Gold Project comprises being granted M63/242 and L63/97 licenses. The Spargoville Project is located approximately 35 kilometers (km) southwest of Kambalda. The company includes gold, lithium, and nickel exploration. The Spargoville Project includes Fugitive Prospect and The Anomaly 37 Prospect. The Chalice West Gold Project is focused on gold, nickel, lithium and rare earth elements. Its tenements include E15/1801, E15/1945, E63/2483, and E63/2484. Its subsidiaries include Widgie Gold Pty Ltd, Spargoville Minerals Pty Ltd, Jeffreys Find Pty Ltd, and others.

Key Statistics of Auric Mining Ltd (AWJ.AX)

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

Today's Range

AUD0.32AUD0.33

Today's Open

AUD0.33

Volume

225.53K

P/E Ratio (TTM)

11.94

52 Week Range

AUD0.15AUD0.41

Market Cap

63.61M

Avg. Volume

281.73K

Dividend Yield

Financial Metrics & Statements of Auric Mining Ltd (AWJ.AX)

FAQ's for Auric Mining Ltd (AWJ.AX)

According to Musaffa’s Shariah screening methodology, Auric Mining Ltd (AWJ.AX) is currently classified as DOUBTFUL 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.