Is Hawsons Iron Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hawsons Iron Ltd (HIO.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 Hawsons Iron 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 Hawsons Iron Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hawsons Iron Ltd?

Muslim investors may consider investing in Hawsons Iron 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 Hawsons Iron Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Hawsons Iron 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 Hawsons Iron Ltd updated?

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

Can a halal stock like Hawsons Iron 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 Hawsons Iron Ltd?

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

HIO.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Hawsons Iron Ltd. Stock Analysis HIO.AX

Australia Materials Nano Cap Report: Q2, 2025

Hawsons Iron Ltd. engages in the production of iron ore. Its project portfolio includes Hawsons Iron Project, South Dam, Central Lachlan Gold Project, and Temora/Barellan Farm-Out. The principal activity of the Company is mineral exploration and development of the Hawsons Iron Project. Its flagship Hawsons Iron Project is located approximately 70km from Broken Hill, New South Wales. The firm's tenements include Redan, Burta, Little Peak, Wonga and Hawsons Iron, which cover approximately 180 square kilometers (km2), 290 km2, 41 km2, and 287 km2 respectively. The firm is advancing green steel production through high-grade magnetite concentrate. Its dry processing technology produces high-grade magnetite concentrate (68.4% Fe).

Key Statistics of Hawsons Iron Ltd (HIO.AX)

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

Today's Range

AUD0.01AUD0.02

Today's Open

AUD0.02

Volume

1.29M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.04

Market Cap

18.83M

Avg. Volume

337.43K

Dividend Yield

Financial Metrics & Statements of Hawsons Iron Ltd (HIO.AX)

FAQ's for Hawsons Iron Ltd (HIO.AX)

According to Musaffa’s Shariah screening methodology, Hawsons Iron Ltd (HIO.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.