Southstone Minerals Ltd FDGMF
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Last Updated: Jan 08, 12:00 AM·OOTC
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FDGMF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Southstone Minerals Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Southstone Minerals Ltd. Stock Analysis FDGMF
United States Energy Nano Cap Southstone Minerals Ltd. Is a mining company, which engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Victoria, British Columbia. The company went IPO on 2011-05-12. The firm is engaged in the acquisition, exploration, evaluation, development and mining of mineral properties. The firm holds a 43% interest in the Oena Diamond Mine (Oena), which is located in the Northern Cape Province, Republic of South Africa that consists of one New Order Mining Lease. Oena is a producing alluvial diamond property. Oena is approximately 8,800 hectares in size and covers a 4.8 kilometers (kms) wide strip along a 15 kms length of the lower Orange River. The property has two separate and distinctly different aged diamondiferous bearing paleochannel gravels: Proto-terraces and Meso-terraces. Its subsidiaries include TGV Resources (Pty) Ltd, African Star Minerals (Pty) Limited and GAH Mining (Pty) Ltd.
Southstone Minerals Ltd (FDGMF) Chart
Financial Metrics & Statements of Southstone Minerals Ltd (FDGMF)
FAQ's for Southstone Minerals Ltd (FDGMF)
- As of August 2026, Southstone Minerals Ltd FDGMF 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 Southstone Minerals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Southstone Minerals 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 Southstone Minerals 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 Southstone Minerals 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 Southstone Minerals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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