Is Cyclone Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Cyclone Metals Ltd (CLE.AX) is currently classified as NOT HALAL as of April 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 Cyclone Metals 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 Cyclone Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Cyclone Metals Ltd?

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

Musaffa determines the Shariah status of Cyclone Metals 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 Cyclone Metals Ltd updated?

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

Can a halal stock like Cyclone Metals 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 Cyclone Metals Ltd?

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

CLE.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Cyclone Metals Ltd. Stock Analysis CLE.AX

Australia Materials Nano Cap Report: Q2, 2025

Cyclone Metals Ltd. engages in the investment, exploration and evaluation of mineral properties. The company is headquartered in Leederville, Western Australia. The company went IPO on 2001-06-07. The firm is focused on developing its flagship Iron Bear Project, an iron ore project located in the Labrador Trough, Canada. The Iron Bear Project consists of around ten licenses totaling 11,025 hectares (ha) and 441 graticular mineral claims which are 100% owned by the Company. The Company’s other projects are Grand Port, Wee Macgregor and Nickol River Gold. Grand Port project holds 100% of six projects over a diversified portfolio of gold, copper, nickel and platinum group elements (PGE) assets in New Zealand. The firm holds a 20% interest in the Wee Macgregor project which comprises three granted mining licenses, ML 2504, ML 2773 and ML 90098. These licenses are located approximately 60 kilometers (km) southeast of Mt Isa. Nickol River Project tenements are located 10km east of Karratha in the West Pilbara of Western Australia.

Key Statistics of Cyclone Metals Ltd (CLE.AX)

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

Today's Range

AUD0.04AUD0.05

Today's Open

AUD0.05

Volume

1.15M

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.08

Market Cap

55.30M

Avg. Volume

132.52K

Dividend Yield

Financial Metrics & Statements of Cyclone Metals Ltd (CLE.AX)

FAQ's for Cyclone Metals Ltd (CLE.AX)

According to Musaffa’s Shariah screening methodology, Cyclone Metals Ltd (CLE.AX) is currently classified as NOT HALAL as of April 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.