Is Itech Minerals Ltd halal to invest in?

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

Can Muslims buy shares of Itech Minerals Ltd?

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

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

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

Can a halal stock like Itech 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 Itech Minerals Ltd?

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

ITM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Itech Minerals Ltd. Stock Analysis ITM.AX

Australia Materials Nano Cap Report: Q2, 2025

iTech Minerals Ltd. develops mineral projects for the battery and critical minerals markets. The firm is exploring for graphite and developing the Lacroma and Campoona Graphite Deposits in South Australia and copper-gold-antimony and lithium in the Reynolds Range Project. The company is focused on developing the advanced Eyre Peninsula Graphite Project in South Australia and exploring the early-stage Reynolds Range Copper-GoldProject in the Northern Territory. The Reynolds Range project consists of three exploration licenses and covers a total of over 375 square kilometers (km2) of the Aileron Province, part of the Paleoproterozoic North Australian Craton. The company owns 100% of the Eyre Peninsula Graphite Project (formerly the Campoona Project). The company is an emerging graphite district, and close to established energy infrastructure, transportation routes, facilities and shipping options.

Key Statistics of Itech Minerals Ltd (ITM.AX)

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

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

117.69K

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.09

Market Cap

9.79M

Avg. Volume

1.56M

Dividend Yield

Financial Metrics & Statements of Itech Minerals Ltd (ITM.AX)

FAQ's for Itech Minerals Ltd (ITM.AX)

According to Musaffa’s Shariah screening methodology, Itech Minerals Ltd (ITM.AX) is currently classified as NOT HALAL 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.