Is Kalgoorlie Gold Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kalgoorlie Gold Mining Ltd (KAL.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 Kalgoorlie Gold 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 Kalgoorlie Gold Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kalgoorlie Gold Mining Ltd?

Muslim investors may consider investing in Kalgoorlie Gold 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 Kalgoorlie Gold Mining Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Kalgoorlie Gold 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 Kalgoorlie Gold Mining Ltd updated?

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

Can a halal stock like Kalgoorlie Gold 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 Kalgoorlie Gold Mining Ltd?

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

KAL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Kalgoorlie Gold Mining Ltd. Stock Analysis KAL.AX

Australia Materials Nano Cap Report: Q2, 2025

Kalgoorlie Gold Mining Ltd. engages in exploration of gold tenements in Western Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-11-17. The principal activity of the Company is the acquisition, exploration, and development of mineral resource projects throughout the Kalgoorlie region of Western Australia. Its projects include Pinjin Gold Project, La Mascotte Gold Project, Bulong Taurus, Pianto, Lake Rebecca Project, Perrinvale, Kalgoorlie Project, and Zelica. The Pinjin Gold Project is located within the 30-million-ounce Laverton Tectonic Zone (host to Sunrise Dam, Granny Smith, Rebecca, Anglo Saxon, and Wallaby projects) is located only 25 kilometers (km) north along strike from Ramelius Resources Rebecca Gold Project. The Bulong Taurus Project is over 35 km east of Kalgoorlie Boulder. The Perrinvale Project consists of two tenements which cover an area of over 195 square kilometers (km2) located 85 km west of Leonora. The Pianto Project consists of one tenement covering an area of over 145 km2, located 80 km north-northwest of Kalgoorlie.

Key Statistics of Kalgoorlie Gold Mining Ltd (KAL.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

12.87K

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.09

Market Cap

16.87M

Avg. Volume

98.71K

Dividend Yield

Financial Metrics & Statements of Kalgoorlie Gold Mining Ltd (KAL.AX)

FAQ's for Kalgoorlie Gold Mining Ltd (KAL.AX)

According to Musaffa’s Shariah screening methodology, Kalgoorlie Gold Mining Ltd (KAL.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.