Is Golden Deeps Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Golden Deeps Ltd (GED.AX) is currently classified as NOT HALAL 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 Golden Deeps 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 Golden Deeps Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Golden Deeps Ltd?

Muslim investors may consider investing in Golden Deeps 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 Golden Deeps Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Golden Deeps 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 Golden Deeps Ltd updated?

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

Can a halal stock like Golden Deeps 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 Golden Deeps Ltd?

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

GED.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Golden Deeps Ltd. Stock Analysis GED.AX

Australia Materials Nano Cap Report: Q2, 2025

Golden Deeps Ltd. engages in the exploration, evaluation, and development of mineral properties. The company is headquartered in Perth, Western Australia. The company is focused on exploration and development of copper and vanadium projects in the Otavi Mountain Land copper district of Namibia, as well as advancing exploration of copper and gold projects in the Lachlan Fold Belt of New South Wales, Australia. Its Nosib Block prospect 20 kilometers (km) to the southwest of Abenab, a zone of shallow, high-grade, vanadium-copper-lead-silver mineralization has been identified. The Khusib Springs Mine is a high-grade mine located in the Otavi Mountain Land near Grootfontein in Northern Namibia. The company has acquired 100% of Extract Minerals Pty Ltd, which holds the Tuckers Hill Project (ELA 5963) and the Havilah Project (EL 8936) in the Lachlan Fold Belt, New South Wales. Abenab Vandium-Lead-Zinc Project covers 35 km of the prospective Abenab mineralized trend and is located on existing exploration prospecting licenses held in the Otavi Mountain Land, northeast Namibia.

Key Statistics of Golden Deeps Ltd (GED.AX)

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

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

450.39K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.09

Market Cap

11.17M

Avg. Volume

397.56K

Dividend Yield

Financial Metrics & Statements of Golden Deeps Ltd (GED.AX)

FAQ's for Golden Deeps Ltd (GED.AX)

According to Musaffa’s Shariah screening methodology, Golden Deeps Ltd (GED.AX) is currently classified as NOT HALAL 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.