As of August 2026, Latitude 66 Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Latitude 66 Ltd. Stock Analysis LAT.AX
Australia Materials Nano Cap
Latitude 66 Ltd. engages in exploration of gold and base metals. The company is headquartered in Perth, Western Australia. The company went IPO on 2007-12-13. The firm focuses on mineral exploration and evaluation for gold and base metals. The firm operates in two segments: Finland and Australia. The Finland segment covers mineral exploration and evaluation, while the Australia segment includes mineral exploration and evaluation, investing activities, and corporate management services. Its projects are the Kuusamo Schist Belt Project (KSB), Greater Duchess JV, and Edjudina Project. The KSB Project, located in Kuusamo, Finland, includes a gold and cobalt mineral resource. The Greater Duchess JV Project, south of Mount Isa, spans approximately 1921 square kilometers and has undeveloped copper-rich iron oxide copper gold (IOCG) targets and 'Tick Hill' style gold targets. The Edjudina Project consists of approximately sixteen granted exploration tenements and one exploration licence application and is known for potential gold and nickel-copper mineralisation.
Latitude 66 Ltd (LAT.AX) Chart
Financial Metrics & Statements of Latitude 66 Ltd (LAT.AX)
FAQ's for Latitude 66 Ltd (LAT.AX)
As of August 2026, Latitude 66 Ltd LAT.AX 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 Latitude 66 Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Latitude 66 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 Latitude 66 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 Latitude 66 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 Latitude 66 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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