As of August 2026, Coda Minerals Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Coda Minerals Ltd. Stock Analysis CODMF
United States Materials Nano Cap
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.
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Financial Metrics & Statements of Coda Minerals Ltd (CODMF)
FAQ's for Coda Minerals Ltd (CODMF)
As of August 2026, Coda Minerals Ltd CODMF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
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.
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.
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.
The Shariah compliance status of Coda Minerals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
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.
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