Is Cosmo Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Cosmo Metals Ltd (CMO.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 Cosmo 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 Cosmo Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Cosmo Metals Ltd?

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

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

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

Can a halal stock like Cosmo 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 Cosmo Metals Ltd?

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

CMO.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Cosmo Metals Ltd. Stock Analysis CMO.AX

Australia Materials Nano Cap Report: Q2, 2025

Cosmo Metals Ltd. engages in the mineral exploration business. The firm owns the underexplored and highly prospective Bingara and Nundle gold-antimony and copper projects, which cover an area of approximately 743 square kilometers in the New England Orogen of northern NSW. The Bingara and Nundle Projects represent large, camp-scale exploration opportunities. The firm is also advancing work on the Kanowna Gold Project (KGP), located about 13 kilometers (km) north of Kalgoorlie and adjacent to the 7moz Au Kanowna Belle gold mine. The company also owns the advanced Yamarna Project in the Eastern Goldfields region, which contains significant intrusive-hosted base metal mineralisation, including the Mt Venn Cu-Ni-Co deposit. The Yamarna Project, approximately 130 km east of Laverton in Western Australia, includes the Mt Venn deposit, the Minjina discovery (Zn-Pb-Cu-Ag) and the Eastern Mafic prospect (Cu-Ni-PGE).

Key Statistics of Cosmo Metals Ltd (CMO.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

15.00K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.03

Market Cap

5.89M

Avg. Volume

277.31K

Dividend Yield

Financial Metrics & Statements of Cosmo Metals Ltd (CMO.AX)

FAQ's for Cosmo Metals Ltd (CMO.AX)

According to Musaffa’s Shariah screening methodology, Cosmo Metals Ltd (CMO.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.