Harvest Minerals Ltd HMI.L
GBX0.25
Last Updated: Oct 06, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
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Is Harvest Minerals Ltd Stock Halal?
Shariah Compliance Analysis of HMI.L Stock
United Kingdom Materials Nano Cap No. As of October 2026, Harvest Minerals Ltd (HMI.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Harvest Minerals Ltd does not pass Musaffa's business and financial screening criteria.
Harvest Minerals Ltd. engages in mining exploration and production of fertilizers. The company is headquartered in Perth, Western Australia. The company went IPO on 2011-03-07. The firm is focused on the discovery and development of South American fertilizer or agriproduct projects. The Company’s flagship project, Arapua Fertilizer project, produces organic fertilizer and is located in the heart of Brazil’s agricultural market. Additionally, the Company holds four other projects in Brazil, namely Sergipe Potash Project, Mandacaru Phosphate Project, Miriri Phosphate Project, and Iguatama Limestone Project. Its Sergipe Potash Project is located in the Sergipe Alagoas Basin. Its Mandacaru Phosphate Project is located in the Ceara State and comprises three exploration licenses covering a total area of approximately 5,908.67 hectares. Its Miriri Phosphate Project is located in the State of Pernambuco, a predominantly agricultural state in Brazil. Its Iguatama Limestone Project is located in the municipality of Iguatama, Minas Gerais, approximately 168 km from Arapua.
HMI.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Harvest Minerals Ltd is classified as not halal.
NOT HALALHarvest Minerals Ltd (HMI.L) Chart
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Financial Metrics & Statements of Harvest Minerals Ltd (HMI.L)
FAQ's for Harvest Minerals Ltd (HMI.L)
- As of October 2026, Harvest Minerals Ltd HMI.L 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 Harvest Minerals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Harvest 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.
- Musaffa determines the Shariah status of Harvest Minerals 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 Harvest Minerals 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 Harvest Minerals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Harvest Minerals Ltd (HMI.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
