As of August 2026, Maritana Minerals Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Maritana Minerals Ltd. Stock Analysis HRZMF
United States Materials Micro Cap
Maritana Minerals Ltd is a AU-based company operating in Metals & Mining industry. The company is headquartered in Perth, Western Australia. Maritana Minerals Limited, formerly Horizon Minerals Limited, is a mid-tier gold producer with projects located in the West Australian goldfields. 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. 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 square kilometers.
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FAQ's for Maritana Minerals Ltd (HRZMF)
As of August 2026, Maritana Minerals Ltd HRZMF 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 Maritana Minerals Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Maritana 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 Maritana 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 Maritana 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 Maritana Minerals 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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