Burgundy Diamond Mines Ltd BDMMF
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Last Updated: Dec 08, 12:00 AM·OOTC
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BDMMF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Burgundy Diamond Mines Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Burgundy Diamond Mines Ltd. Stock Analysis BDMMF
United States Materials Nano Cap Burgundy Diamond Mines Ltd. engages in mining, production, cutting and polishing, and sale of diamonds. The company is headquartered in Perth, Western Australia. The company went IPO on 2013-01-04. The principal activities of the Company include operation of the 100% owned Ekati diamond mine located in Canada's Northwest Territories, sale of rough diamonds through auctions held in Antwerp Belgium and sale of polished diamonds manufactured in Company’s cutting and polishing facility in Perth Australia. The company is focused on the mining, production, cutting, polishing and sale of diamonds. Its segments include Rough Diamond and Polished Diamond. The Rough Diamond segment encompasses mining, sales, and marketing of rough diamonds. The Polished Diamond segment encompasses manufacturing, sales, and marketing of polished diamonds. Its Ekati diamond mine is located in the Lac de Gras region of the Northwest Territories of Canada, approximately 300 kilometers northeast of Yellowknife. The Ekati Mine property consists of 122 mining leases totaling about 113,485 hectares.
Burgundy Diamond Mines Ltd (BDMMF) Chart
Financial Metrics & Statements of Burgundy Diamond Mines Ltd (BDMMF)
FAQ's for Burgundy Diamond Mines Ltd (BDMMF)
- As of August 2026, Burgundy Diamond Mines Ltd BDMMF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Burgundy Diamond Mines Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Burgundy Diamond Mines 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.
- Musaffa determines the Shariah status of Burgundy Diamond Mines Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Burgundy Diamond Mines Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Burgundy Diamond Mines Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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