Is Elementos Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Elementos Ltd (ELT.AX) is currently classified as DOUBTFUL 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 Elementos 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 Elementos Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Elementos Ltd?

Muslim investors may consider investing in Elementos 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 Elementos Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Elementos 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 Elementos Ltd updated?

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

Can a halal stock like Elementos 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 Elementos Ltd?

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

ELT.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Elementos Ltd (ELT.AX)

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

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Elementos Ltd. Stock Analysis ELT.AX

Australia Materials Micro Cap Report: Q2, 2025

Elementos Ltd. engages in the exploration and development of mineral assets. The company is headquartered in Brisbane, Queensland. The company went IPO on 2009-12-23. The firm is focused on developing both the Oropesa Tin Project in Andalucia, Spain and the Cleveland Tin Project in Tasmania, Australia. The Oropesa Tin Project is located in the Guadiato Valley, in the Province of Cordoba, within the Andalucia autonomous region, Spain. The Oropesa Tin Project consists of approximately 13 square kilometers, located approximately 75 kilometers (km) north-west of city of Cordoba and 180km north-east of the capital of Seville in southern Spain. The Cleveland Tin Project is located approximately 80km southwest of Burnie in the mineral-rich northwest region of Tasmania, Australia. Its subsidiaries are Rockwell Minerals Pty Ltd, Rockwell Minerals (Tasmania) Pty Ltd, Elementos Minerales S.A., Elementos Spain Pty Ltd, and others.

Key Statistics of Elementos Ltd (ELT.AX)

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

Today's Range

AUD0.41AUD0.43

Today's Open

AUD0.41

Volume

56.46K

P/E Ratio (TTM)

52 Week Range

AUD0.08AUD0.48

Market Cap

125.84M

Avg. Volume

78.67K

Dividend Yield

Financial Metrics & Statements of Elementos Ltd (ELT.AX)

FAQ's for Elementos Ltd (ELT.AX)

According to Musaffa’s Shariah screening methodology, Elementos Ltd (ELT.AX) is currently classified as DOUBTFUL 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.