Is DY6 Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, DY6 Metals Ltd (DY6.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 DY6 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 DY6 Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of DY6 Metals Ltd?

Muslim investors may consider investing in DY6 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 DY6 Metals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of DY6 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 DY6 Metals Ltd updated?

The Shariah compliance status of DY6 Metals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like DY6 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 DY6 Metals Ltd?

You can check the latest Shariah compliance status of DY6 Metals Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

DY6.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

DY6 Metals Ltd. Stock Analysis DY6.AX

Australia Materials Nano Cap Report: Q2, 2025

DY6 Metals Ltd. provides mineral exploration development services. The company is headquartered in Perth, Western Australia. The company went IPO on 2023-06-29. The firm owns 100% of six highly prospective heavy rare earths and critical and metals projects in Malawi. Its projects include Machinga, Salambidwe, Ngala Hill, Tundulu, Mzimba, and Karonga. The Machinga Project consists of exploration licenses (EL), such as EL0529 and EL0705, which cover an area of over 42.9 square kilometers (km2) and 157.5 km2 respectively. The Salambidwe Project is located within the Chilwa Alkaline Province of southern Malawi, straddling the Mozambique border. The Salambidwe Project covers an area of over 24.9 km2. The Tundulu Project is a known carbonatite ring complex with rare earth elements mineralization. Mzimba and Karonga are lithium projects which have pending EL covering an area of over 710.5 and 36.2 km2 respectively. The company also has two prospective rutile and heavy mineral sands (HMS) projects in Cameroon, which include Central Rutile Project and Douala HMS Project.

Key Statistics of DY6 Metals Ltd (DY6.AX)

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

Today's Range

AUD0.07AUD0.08

Today's Open

AUD0.08

Volume

105.02K

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.38

Market Cap

20.53M

Avg. Volume

62.87K

Dividend Yield

Financial Metrics & Statements of DY6 Metals Ltd (DY6.AX)

FAQ's for DY6 Metals Ltd (DY6.AX)

According to Musaffa’s Shariah screening methodology, DY6 Metals Ltd (DY6.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.