Is Critical Minerals Group Ltd halal to invest in?

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

Can Muslims buy shares of Critical Minerals Group Ltd?

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

Musaffa determines the Shariah status of Critical Minerals Group 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 Critical Minerals Group Ltd updated?

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

Can a halal stock like Critical Minerals Group 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 Critical Minerals Group Ltd?

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

CMG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Critical Minerals Group Ltd. Stock Analysis CMG.AX

Australia Materials Nano Cap Report: Q2, 2025

Critical Minerals Group Ltd. engages in the provision of exploration and development of critical minerals projects for the renewable energy transition including de-carbonization and electrification. The company is headquartered in Brisbane, Queensland. The company went IPO on 2022-09-27. Its flagship project is the Lindfield project located over 30 kilometers (km) east of Julia Creek in North-West Queensland. The Lindfield Project consists of 92 sub-blocks, covering 295 square kilometers (km2). The Whinmoor Project consists of 100 sub-blocks covering 320 km2 and is located 60 km north of Julia Creek. The Lara Downs and Lindfield North Project are both located within 70 km (north) of Julia Creek, with the Lindfield North Project adjoining the existing Lindfield Project and the Lara Downs Project within 35 km of the Lindfield Project. The Lindfield North project consists of 36 sub-blocks covering 115 km2. The Lara Downs project consists of 118 sub-blocks covering 378km2. Its Figtree Creek Project is over 70km2 and located 5 km south of Cloncurry. Its Lorena Surrounds Project is over 51 km2 in three discrete parcels, located 15 km east of Cloncurry.

Key Statistics of Critical Minerals Group Ltd (CMG.AX)

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

Today's Range

AUD0.12AUD0.12

Today's Open

AUD0.12

Volume

58.66K

P/E Ratio (TTM)

52 Week Range

AUD0.07AUD0.24

Market Cap

11.96M

Avg. Volume

7476.00

Dividend Yield

Financial Metrics & Statements of Critical Minerals Group Ltd (CMG.AX)

FAQ's for Critical Minerals Group Ltd (CMG.AX)

According to Musaffa’s Shariah screening methodology, Critical Minerals Group Ltd (CMG.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.