No. As of September 2026, Hawsons Iron Ltd (HIO.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hawsons Iron Ltd does not pass Musaffa's business and financial screening criteria.
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).
Hawsons Iron Ltd HIO.AX
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Last Updated: Sep 11, 12:00 AM·ASX
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HIO.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Hawsons Iron Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Hawsons Iron Ltd (HIO.AX) Chart
Financial Metrics & Statements of Hawsons Iron Ltd (HIO.AX)
FAQ's for Hawsons Iron Ltd (HIO.AX)
As of September 2026, Hawsons Iron Ltd HIO.AX 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 Hawsons Iron Ltd using these criteria to determine its compliance status.
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.
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.
The Shariah compliance status of Hawsons Iron 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 Hawsons Iron 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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