As of August 2026, Ora Banda Mining Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Ora Banda Mining Ltd. Stock Analysis ESGFF
United States Materials Small Cap
Ora Banda Mining Ltd. engages in the development and exploration of gold. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2002-10-29. The firm is the 100% owner of the Davyhurst Gold Project, which is located approximately 120 kilometers (kms) north-west of Kalgoorlie, within the Tier one gold mining province of the Eastern Goldfields. The Davyhurst Gold Project includes approximately 67 granted tenements that cover an area of 1,135 square kilometers (km2). The firm's projects include Central Davyhurst, Riverina-Mulline, Siberia, Callion and Walhalla. Its Central Davyhurst project area is located within a five kms radius of the Davyhurst Processing Plant. The firm's Riverina Underground gold deposits are hosted within three separate shear/mylonite zones, namely Reggie’s, Murchison, and Main Lode, all trending approximately north-south. The firm's Sand King (Siberia) is an underground mine at the Davyhurst Gold Project.
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Financial Metrics & Statements of Ora Banda Mining Ltd (ESGFF)
FAQ's for Ora Banda Mining Ltd (ESGFF)
As of August 2026, Ora Banda Mining Ltd ESGFF 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 Ora Banda Mining Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Ora Banda 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.
Musaffa determines the Shariah status of Ora Banda Mining 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 Ora Banda Mining 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 Ora Banda Mining Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Ora Banda Mining Ltd (ESGFF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.