Is Infinity Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Infinity Mining Ltd (IMI.AX) is currently classified as DOUBTFUL 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 Infinity Mining 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 Infinity Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Infinity Mining Ltd?

Muslim investors may consider investing in Infinity Mining 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 Infinity Mining Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Infinity Mining 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 Infinity Mining Ltd updated?

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

Can a halal stock like Infinity Mining 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 Infinity Mining Ltd?

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

IMI.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 30, 2025

Report Source: 2025 Annual Report

Infinity Mining Ltd. Stock Analysis IMI.AX

Australia Materials Nano Cap Report: 2025 Annual

Infinity Mining Ltd. engages in the exploration and development of gold, copper, base metals and lithium mineral properties. The firm holds a diverse portfolio of projects, spanning over 3,700 square kilometers across highly prospective regions, including New South Whales Macquarie Arc, Victoria's Melbourne Zone, and the East Pilbara and Central Goldfields in Western Australia. These tenements host potential high-grade resources, including copper, gold, and other base metals, alongside their existing focus on lithium. The Cangai Copper Project EL8625, EL8635 and EL8601 is in the north-east part of New South Wales, approximately 220 kilometers (km) south of Brisbane and is host to the historical Cangai Copper Mine. The Bogong Copper Project spans over 16 km of strike length along the Mooney-Mooney Fault System, within the highly prospective Lachlan Fold Belt. Its other projects include Monkey Gully Gold, Tanjil Bren and Walhalla South Extension, Prosser's Reef, Woody, Hillside, Panorama, Strelley Gorge, Tambourah North, Coolyia, among others.

Key Statistics of Infinity Mining Ltd (IMI.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

100.00K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.02

Market Cap

4.48M

Avg. Volume

541.83K

Dividend Yield

Financial Metrics & Statements of Infinity Mining Ltd (IMI.AX)

FAQ's for Infinity Mining Ltd (IMI.AX)

According to Musaffa’s Shariah screening methodology, Infinity Mining Ltd (IMI.AX) is currently classified as DOUBTFUL 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.