Is Central Iron Ore Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Central Iron Ore Ltd (CIO.V) 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 Central Iron Ore 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 Central Iron Ore Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Central Iron Ore Ltd?

Muslim investors may consider investing in Central Iron Ore 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 Central Iron Ore Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Central Iron Ore 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 Central Iron Ore Ltd updated?

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

Can a halal stock like Central Iron Ore 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 Central Iron Ore Ltd?

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

CIO.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 3rd Quarter Report

Central Iron Ore Ltd. Stock Analysis CIO.V

Canada Materials Nano Cap Report: Q3, 2025

Central Iron Ore Ltd. engages in the provision of exploration and development of gold projects. The company is headquartered in Sydney, New South Wales. The firm is mainly focused on exploration in the Darlot Region of Western Australia, within 10 kilometers from the Red 5 Darlot Mine. The firm's projects include South Darlot Gold Project, British King Mine and Red 5 Joint Venture. The Red 5 Joint Venture project’s 20-hole drill program, which included approximately 17 reverse circulations for 706 meters and three diamond core holes for 141 meters include a suite of narrow vein, high gold grades of up to 124.4 grams per ton. The British King Gold Mine is approximately five kilometers south-west from the Darlot Mine. The Company’s South Darlot Gold Project area is located approximately 320 km northwest of Kalgoorlie in Western Australia and includes British King Mine. Its tenement holdings cover an area of approximately 324 square kilometers.

Key Statistics of Central Iron Ore Ltd (CIO.V)

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

Today's Range

CAD0.08CAD0.08

Today's Open

CAD0.08

Volume

8000.00

P/E Ratio (TTM)

52 Week Range

CAD0.06CAD0.12

Market Cap

6.02M

Avg. Volume

11.18K

Dividend Yield

Financial Metrics & Statements of Central Iron Ore Ltd (CIO.V)

FAQ's for Central Iron Ore Ltd (CIO.V)

According to Musaffa’s Shariah screening methodology, Central Iron Ore Ltd (CIO.V) 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.