Is Leeuwin Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Leeuwin Metals Ltd (LM1.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 Leeuwin Metals 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 Leeuwin Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Leeuwin Metals Ltd?

Muslim investors may consider investing in Leeuwin Metals 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 Leeuwin Metals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Leeuwin Metals 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 Leeuwin Metals Ltd updated?

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

Can a halal stock like Leeuwin Metals 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 Leeuwin Metals Ltd?

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

LM1.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Leeuwin Metals Ltd. Stock Analysis LM1.AX

Australia Materials Nano Cap Report: Q2, 2025

Leeuwin Metals Ltd. engages in the acquisition, exploration, and development of Nickel and Lithium projects. The firm is focused on discovering and developing mineral resources. Its flagship asset, the Marda Gold Project is located 120 kilometer (km) north of Southern Cross, Western Australia. The Marda Gold Project covers over 500 square kilometers (km2) of granted mining, exploration, and prospecting licences. The West Pilbara Iron Ore Project is located in the Pilbara region, situated 13km north of Rio Tinto's Mesa A Mine, and near CZR's Robe Mesa and Macro's Deepdale. The Cross Lake Lithium Project is located northern Manitoba, Canada, 120km south of the mining town of Thompson. The project covers over 600 km2 of tenure with access to road and energy infrastructure. Cross Lake Project is proximal to the Jenpeg hydro-electric station. Its William Lake Nickel Project is located in the Thompson Nickel Belt, over 550 km north of Winnipeg. This project covers over 523.2 km2, 55 granted mining claims and one exploration license.

Key Statistics of Leeuwin Metals Ltd (LM1.AX)

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

Today's Range

AUD0.14AUD0.14

Today's Open

AUD0.14

Volume

193.34K

P/E Ratio (TTM)

52 Week Range

AUD0.08AUD0.31

Market Cap

17.81M

Avg. Volume

40.68K

Dividend Yield

Financial Metrics & Statements of Leeuwin Metals Ltd (LM1.AX)

FAQ's for Leeuwin Metals Ltd (LM1.AX)

According to Musaffa’s Shariah screening methodology, Leeuwin Metals Ltd (LM1.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.