Is Altamin Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Altamin Ltd (AZI.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 Altamin 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 Altamin Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Altamin Ltd?

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

Musaffa determines the Shariah status of Altamin 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 Altamin Ltd updated?

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

Can a halal stock like Altamin 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 Altamin Ltd?

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

AZI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Altamin Ltd. Stock Analysis AZI.AX

Australia Materials Nano Cap Report: Q2, 2025

Altamin Ltd. engages in the exploration, recovery, and drilling activities of zinc and uranium. The company is headquartered in Perth, Western Australia. The company went IPO on 2009-12-24. The Company’s Gorno Zinc Project, in the Lombardy region of northern Italy, is at an advanced stage, and presents the opportunity to deliver high-grade, clean zinc and lead concentrates to smelters and offtake customers in Europe. The firm is a 100% owner of the Lazio Geothermal Brine Project in the Lazio region of central Italy in the southern half of Italy’s premier geothermal field. The project area consists of six granted exploration licenses with a geothermal reservoir considered highly prospective for production of geothermal energy, sulfate of potash (SOP fertilizer) and lithium. The Punta Corna Cobalt project in Piedmont, Italy, historically mined for cobalt, nickel, copper and silver, is an active exploration project with outcropping mineralization and a permitted proposed drilling program.

Key Statistics of Altamin Ltd (AZI.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

100.00K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.04

Market Cap

20.60M

Avg. Volume

10.57K

Dividend Yield

Financial Metrics & Statements of Altamin Ltd (AZI.AX)

FAQ's for Altamin Ltd (AZI.AX)

According to Musaffa’s Shariah screening methodology, Altamin Ltd (AZI.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.