Lunnon Metals Ltd LM8.AX
AUD0.30 AUD0.01 (1.64%) 1D
Last Updated: Oct 05, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is Lunnon Metals Ltd Stock Halal?
Shariah Compliance Analysis of LM8.AX Stock
Australia Materials Micro Cap No. As of October 2026, Lunnon Metals Ltd (LM8.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Lunnon Metals Ltd does not pass Musaffa's business and financial screening criteria.
Lunnon Metals Ltd. is a mineral resource exploration and development company, which engages in nickel and gold exploration activities. The company is headquartered in Perth, Western Australia and currently employs 16 full-time employees. The company went IPO on 2021-06-16. The firm operates through two segments, which include Gold mineral exploration and Nickel mineral exploration in Western Australia. The Company’s principal activities include its Kambalda Gold & Nickel Project (KGNP), which consists of approximately 47 square kilometeres (km2) of tenements, located immediately south of Kambalda, Western Australia. The KGNP features approximately 47 km2 located approximately 570 kilometers (km) east of Perth and 50-70 km south-southeast of Kalgoorlie, in the Eastern Goldfields of Western Australia. KGNP comprises two project areas, the Foster and Baker Project (in which the Company holds the tenure and associated mineral rights, including nickel and most gold rights) and the Silver Lake and Fisher Project (in which the Company holds only the nickel rights and minerals directly associated with nickel).
LM8.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Lunnon Metals Ltd is classified as not halal.
NOT HALALLunnon Metals Ltd (LM8.AX) Chart
Fetching Price Chart...
Financial Metrics & Statements of Lunnon Metals Ltd (LM8.AX)
FAQ's for Lunnon Metals Ltd (LM8.AX)
- As of October 2026, Lunnon Metals Ltd LM8.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 Lunnon Metals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Lunnon 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.
- Musaffa determines the Shariah status of Lunnon Metals 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 Lunnon Metals 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 Lunnon Metals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Lunnon Metals Ltd (LM8.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
