Is Castle Minerals Ltd halal to invest in?

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

Can Muslims buy shares of Castle Minerals Ltd?

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

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

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

Can a halal stock like Castle 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 Castle Minerals Ltd?

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

CDT.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Castle Minerals Ltd. Stock Analysis CDT.AX

Australia Materials Nano Cap Report: Q2, 2025

Castle Minerals Ltd. engages in the exploration of mineral properties in Ghana, West Africa. The firm is a West African gold explorer with owned and tenured positions in northern Ghana and eastern Cote d’Ivoire. Its projects in Ghana include, the Kpali Gold project, Kandia prospect, and Kambale Graphite project. The Kpali Gold Project comprises the Kpali prospect and the nearby Bundi prospect, which is 30 kilometers (km) west of regional town, Sawla. The Kambale Graphite Project is owned by its Ghanaian subsidiary, Kambale Graphite Limited, located in Ghana’s Upper West Region. Its Ghanaian subsidiary, Carlie Mining Ltd, holds a 2,686 square kilometer tenure position in the same Upper West region. Its projects in Western Australia include Beasley Creek project and Polelle-Wanganui project. The Beasley Creek project is prospective for gold and lithium on the northern flanks of Rocklea Dome in the southern Pilbara. The Polelle project, about seven kilometers southeast of the operating Bluebird gold mine near Meekatharra.

Key Statistics of Castle Minerals Ltd (CDT.AX)

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

Today's Range

AUD0.05AUD0.05

Today's Open

AUD0.05

Volume

12.48K

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.11

Market Cap

8.84M

Avg. Volume

433.96K

Dividend Yield

Financial Metrics & Statements of Castle Minerals Ltd (CDT.AX)

FAQ's for Castle Minerals Ltd (CDT.AX)

According to Musaffa’s Shariah screening methodology, Castle Minerals Ltd (CDT.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.