Is Horizon Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Horizon Minerals Ltd (HRZ.AX) is currently classified as NOT HALAL as of October 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 Horizon 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 Horizon Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Horizon Minerals Ltd?

Muslim investors may consider investing in Horizon 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 Horizon Minerals Ltd classified as NOT HALAL?

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

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

Can a halal stock like Horizon 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 Horizon Minerals Ltd?

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

HRZ.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2025

Report Source: 2025 Annual Report

Horizon Minerals Ltd. Stock Analysis HRZ.AX

Australia Materials Micro Cap Report: 2025 Annual

Horizon Minerals Ltd. explores for gold and other mineral resources. The company is headquartered in Perth, Western Australia. The company holds a 100% interest in gold projects in the Kalgoorlie and Coolgardie regions, including the 428,000 oz Boorara project and 1,372,000 oz in satellite projects in close proximity. Its Boorara project is located approximately 10 kilometers (km) east of the Kalgoorlie's Super Pit gold mine on the eastern edge of the city of Kalgoorlie-Boulder, Western Australia. Its Phillips Find Project is located approximately 45 km north-northwest of Coolgardie, Western Australia. The company operates the Black Swan processing facility, which is a 2.2 million tons per annum (Mtpa) processing facility strategically located approximately 50 km northeast of Kalgoorlie. The Nimbus Project is located approximately 15 km east of Kalgoorlie-Boulder in Western Australia. The company also owns Gordons Dam Project, which encompasses 34 mining licenses over approximately 77 km2 in the Western Australian goldfields.

Key Statistics of Horizon Minerals Ltd (HRZ.AX)

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

Today's Range

AUD0.76AUD0.85

Today's Open

AUD0.84

Volume

1.02M

P/E Ratio (TTM)

52 Week Range

AUD0.64AUD1.56

Market Cap

234.63M

Avg. Volume

1.97M

Dividend Yield

Financial Metrics & Statements of Horizon Minerals Ltd (HRZ.AX)

FAQ's for Horizon Minerals Ltd (HRZ.AX)

According to Musaffa’s Shariah screening methodology, Horizon Minerals Ltd (HRZ.AX) is currently classified as NOT HALAL as of October 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.