Is Coda Minerals Ltd halal to invest in?

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

Can Muslims buy shares of Coda Minerals Ltd?

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

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

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

Can a halal stock like Coda 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 Coda Minerals Ltd?

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

COD.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Coda Minerals Ltd (COD.AX)

Based on 5 analysts giving stock ratings to Coda Minerals Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Coda Minerals Ltd. Stock Analysis COD.AX

Australia Materials Nano Cap Report: Q2, 2025

Coda Minerals Ltd. engages in the exploration, discovery, and development of minerals in the base metals, precious metals, and battery minerals sector. The Company’s projects include the Elizabeth Creek Copper Cobalt Project, Cameron River Copper Gold Project, Kinloch (Boss Energy JV), and Booleroo. The company owns a 100% interest in the Elizabeth Creek Copper Cobalt Project, which is centered over 30 kilometers (km) south-east of Woomera and 135 km north-west of Port Augusta in South Australia. The company covers over 701 square kilometers (km2) in the Olympic Dam Copper Province. The Cameron River Copper Gold Project is located approximately 60 km east of Mt Isa in Queensland. The project consists of over two exploration permits (EPM 27042 and EPM 27053) and covers over 35 km2 in the highly prospective MT Isa Inlier. The Kinloch Project is located in eastern South Australia, is a collection of four tenements held in association with Boss Energy.

Key Statistics of Coda Minerals Ltd (COD.AX)

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

Today's Range

AUD0.15AUD0.15

Today's Open

AUD0.15

Volume

1.64M

P/E Ratio (TTM)

52 Week Range

AUD0.07AUD0.21

Market Cap

50.52M

Avg. Volume

109.29K

Dividend Yield

Financial Metrics & Statements of Coda Minerals Ltd (COD.AX)

FAQ's for Coda Minerals Ltd (COD.AX)

According to Musaffa’s Shariah screening methodology, Coda Minerals Ltd (COD.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.