Is Corazon Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Corazon Mining Ltd (CZN.AX) is currently classified as NOT HALAL as of August 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 Corazon Mining 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 Corazon Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Corazon Mining Ltd?

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

Musaffa determines the Shariah status of Corazon Mining 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 Corazon Mining Ltd updated?

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

Can a halal stock like Corazon Mining 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 Corazon Mining Ltd?

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

CZN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Corazon Mining Ltd (CZN.AX)

Based on 5 analysts giving stock ratings to Corazon Mining Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Corazon Mining Ltd. Stock Analysis CZN.AX

Australia Materials Nano Cap Report: Q2, 2025

Corazon Mining Ltd. is an exploration company, which engages in the exploration of nickel, cobalt, copper and gold. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-06-30. The Company’s focus is on nickel, gold, copper and cobalt. The firm's primary focus is the exploration and advancement of its West Australian gold portfolio, located in the highly prospective Gascoyne Region. This portfolio consists of two key projects: Feather Cap Gold Project and Two Pools Gold Project. Its other projects include Mt Gilmore Copper-Gold-Cobalt Project and Lynn Lake Nickel-Copper-Cobalt-Project (Lynn Lake). The Two Pools Gold Project is located within the proven Plutonic-Marymia Greenstone Belt. The Feather Cap gold Project is a potential asset located within the Bryah-Padbury Basin, part of the Capricorn Orogen in Western Australia. The Project is situated in a proven mineral province that hosts significant gold and base metal deposits. The Lynn Lake Project in Manitoba, Canada, is a significant Class-1 nickel resource.

Key Statistics of Corazon Mining Ltd (CZN.AX)

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

Today's Range

AUD0.15AUD0.21

Today's Open

AUD0.15

Volume

942.93K

P/E Ratio (TTM)

52 Week Range

AUD0.05AUD0.30

Market Cap

11.40M

Avg. Volume

1.27M

Dividend Yield

Financial Metrics & Statements of Corazon Mining Ltd (CZN.AX)

FAQ's for Corazon Mining Ltd (CZN.AX)

According to Musaffa’s Shariah screening methodology, Corazon Mining Ltd (CZN.AX) is currently classified as NOT HALAL as of August 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.