Is Genesis Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Genesis Minerals Ltd (GMD.AX) is currently classified as HALAL as of March 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 Genesis Minerals 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 Genesis Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Genesis Minerals Ltd?

Muslim investors may consider investing in Genesis 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.

Why is Genesis Minerals Ltd classified as HALAL?

Musaffa determines the Shariah status of Genesis Minerals 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 Genesis Minerals Ltd updated?

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

Can a halal stock like Genesis Minerals 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 Genesis Minerals Ltd?

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

GMD.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 24, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for Genesis Minerals Ltd (GMD.AX)

Based on 13 analysts giving stock ratings to Genesis Minerals Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Genesis Minerals Ltd. Stock Analysis GMD.AX

Australia Materials Mid Cap Report: Q2, 2026

Genesis Minerals Ltd. engages in the exploration and development of gold deposits in Western Australia. The company is headquartered in Perth, Western Australia and currently employs 603 full-time employees. The company went IPO on 2007-08-02. The firm's principal activities are gold mining, project development and exploration activities in Western Australia. Its operations include Leonora Operations and Laverton Operations. The firm's Leonora Operations include Admiral Operations, Gwalia Operations, Harbour Lights Project, Tower Hill Project and Ulysses Operations. The Gwalia Gold Mine is located at Gwalia, a few kilometers south of Leonora, Western Australia. Its Laverton Operations include Bruno-Lewis Project, Jupiter Project, Laverton Gold Project and Redcliffe Project. The Bruno-Lewis project is located within the northeastern goldfields in the Archaean Yilgarn Block. The Redcliffe Project includes the Redcliffe, Hub, GTS, Nambi, Kelly, Bindy and Mesa Westlode deposits. Genesis Mining Services is the inhouse mining services provider for the Company, providing Open Pit mining services.

Key Statistics of Genesis Minerals Ltd (GMD.AX)

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

Today's Range

AUD6.31AUD6.50

Today's Open

AUD6.42

Volume

3.59M

P/E Ratio (TTM)

30.01

52 Week Range

AUD3.54AUD8.42

Market Cap

6.64B

Avg. Volume

1.38M

Dividend Yield

Financial Metrics & Statements of Genesis Minerals Ltd (GMD.AX)

FAQ's for Genesis Minerals Ltd (GMD.AX)

According to Musaffa’s Shariah screening methodology, Genesis Minerals Ltd (GMD.AX) is currently classified as HALAL as of March 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.