Is Gem Diamonds Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Gem Diamonds Ltd (GEMD.L) is currently classified as NOT HALAL as of January 2026. 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 Gem Diamonds 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 Gem Diamonds Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Gem Diamonds Ltd?

Muslim investors may consider investing in Gem Diamonds 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 Gem Diamonds Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Gem Diamonds 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 Gem Diamonds Ltd updated?

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

Can a halal stock like Gem Diamonds 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 Gem Diamonds Ltd?

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

Gem Diamonds Ltd GEMD.L

GBX3.80 GBX0.60 (13.64%) 1D

Last Updated: May 15, 12:00 AM·LSE

GEMD.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 23, 2026

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Gem Diamonds Ltd (GEMD.L)

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

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Gem Diamonds Ltd. Stock Analysis GEMD.L

United Kingdom Materials Nano Cap Report: Q2, 2025

Gem Diamonds Ltd. operates as a holding company, which engages in the exploration and development of diamond mines. The company employs 855 full-time employees The company went IPO on 2007-02-19. The firm owns approximately 70% of the Letseng mine in Lesotho and 100% of the Ghaghoo mine in Botswana. The Letseng mine produces white diamonds. In addition, Letseng has produced pink and blue diamonds. The firm's segments include Lesotho; Belgium; BVI, RSA, UK and Cyprus, and Botswana. The Lesotho segment is engaged in diamond mining activities. The Belgium segment is engaged in the sales, marketing, and manufacturing of diamonds. The BVI, RSA, UK and Cyprus segment provides technical and administrative services. The Botswana segment is engaged in diamond mining activities (on care and maintenance). Its subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited, and Gem Diamonds Investments Limited. Letseng Diamonds (Proprietary) Limited is engaged in diamond mining and holds mining rights.

Key Statistics of Gem Diamonds Ltd (GEMD.L)

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

Today's Range

GBX3.80GBX4.40

Today's Open

GBX4.40

Volume

61.31K

P/E Ratio (TTM)

52 Week Range

GBX2.70GBX8.48

Market Cap

587.91M

Avg. Volume

65.14K

Dividend Yield

Financial Metrics & Statements of Gem Diamonds Ltd (GEMD.L)

FAQ's for Gem Diamonds Ltd (GEMD.L)

According to Musaffa’s Shariah screening methodology, Gem Diamonds Ltd (GEMD.L) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.