Is Coppermoly Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Coppermoly Ltd (COY.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 Coppermoly 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 Coppermoly Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Coppermoly Ltd?

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

Musaffa determines the Shariah status of Coppermoly 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 Coppermoly Ltd updated?

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

Can a halal stock like Coppermoly 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 Coppermoly Ltd?

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

COY.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Coppermoly Ltd. Stock Analysis COY.AX

Australia Materials Nano Cap Report: Q2, 2025

Coppermoly Ltd. is an exploration and development company, which explores and evaluates copper and gold deposits in Australia. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2008-01-31. The Company’s projects are located in North Queensland (Australia). The firm is focused on copper and gold projects in the Mount Isa Inlier. The Company’s Mt Isa projects include two granted tenements and five applied tenements, four of them with IOCG potential are located within the Eastern Succession and one for Isa style copper system sits in the Western Foldbelt. The company holds contiguous EPM 27835 (Foxes Creek) and EPM 27836 (Mount Tracey), located over 55 km south southwest (SSW) of Cloncurry, and are situated along the north-south striking Cloncurry Fault. Its Windy Hill Prospect is located approximately 80 kilometers (km) south-west of Cloncurry. Its Jessievale application is located about 50 km north of Cloncurry. The application consists of 11 subblocks and sits next to its Mt Malakoff Project (EPM 28853).

Key Statistics of Coppermoly Ltd (COY.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

3.30M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.02

Market Cap

6.18M

Avg. Volume

41.13K

Dividend Yield

Financial Metrics & Statements of Coppermoly Ltd (COY.AX)

FAQ's for Coppermoly Ltd (COY.AX)

According to Musaffa’s Shariah screening methodology, Coppermoly Ltd (COY.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.