Is Mandrake Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mandrake Resources Ltd (MAN.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 Mandrake Resources 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 Mandrake Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mandrake Resources Ltd?

Muslim investors may consider investing in Mandrake Resources 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 Mandrake Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mandrake Resources 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 Mandrake Resources Ltd updated?

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

Can a halal stock like Mandrake Resources 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 Mandrake Resources Ltd?

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

MAN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Mandrake Resources Ltd. Stock Analysis MAN.AX

Australia Materials Nano Cap Report: Q2, 2025

Mandrake Resources Ltd. engages in the business of exploring and evaluating mineral resources. The company is headquartered in Perth, Western Australia. The Company’s segments include Utah Lithium Project, Jimperding Ni-Cu-PGE Project and Berinka Pine Creek Gold Project. The Utah Lithium Project is located in the Paradox Basin in south-eastern Utah and covers approximately 93,755 acres. The Utah Lithium Project also incorporates the Lisbon Valley uranium mining district. The Jimperding Project lies approximately 30 kilometers (km) east of Chalice Gold Mines Limited’s (Chalice) Julimar Ni-Cu-PGE discovery in the Jimperding Metamorphic Belt located 70 km northeast of Perth. Berinka Pine Creek Gold Project covers an approximately 289km2 exploration license in the under-explored western limb of the Pine Creek Orogen, Northern Territory, 180 km south of Darwin.

Key Statistics of Mandrake Resources Ltd (MAN.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

1.15M

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.03

Market Cap

13.17M

Avg. Volume

250.41K

Dividend Yield

Financial Metrics & Statements of Mandrake Resources Ltd (MAN.AX)

FAQ's for Mandrake Resources Ltd (MAN.AX)

According to Musaffa’s Shariah screening methodology, Mandrake Resources Ltd (MAN.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.