Is Macro Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Macro Metals Ltd (M4M.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 Macro 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 Macro Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Macro Metals Ltd?

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

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

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

Can a halal stock like Macro 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 Macro Metals Ltd?

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

M4M.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Macro Metals Ltd. Stock Analysis M4M.AX

Australia Materials Nano Cap Report: Q2, 2025

Macro Metals Ltd. engages in mineral exploration. The company is headquartered in Subiaco, Western Australia. The firm directly owns a portfolio of iron ore and manganese assets which are undergoing active exploration programs. Its projects include the Turner Iron Ore Project, Catho Well Iron Ore Project, and others. Its Catho Well project is located approximately 180 kilometers (km) via roads from Onslow Port and comprises a single granted exploration license 08/3087. The Turner Project is located 25km west-north-west of Tom Price and is situated 5km north-west of the Rio Tinto Turner Syncline Mine. Its other projects include Deepdale Iron Ore Project, Bellary Springs Iron Ore Project, Mogul VMS Project, Wiluna West Project, and Agbaja Iron Ore Project. The company also owns the Extension Iron Ore Project located in an Iron Ore precinct of the Pilbara in Western Australia. The Company, through its wholly owned subsidiary, Macro Mining Services Pty Ltd, offers safe and accretive mining services.

Key Statistics of Macro Metals Ltd (M4M.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

5.10M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.01

Market Cap

27.45M

Avg. Volume

2.20M

Dividend Yield

Financial Metrics & Statements of Macro Metals Ltd (M4M.AX)

FAQ's for Macro Metals Ltd (M4M.AX)

According to Musaffa’s Shariah screening methodology, Macro Metals Ltd (M4M.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.