Is MC Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, MC Mining Ltd (MCM.AX) is currently classified as NOT HALAL as of October 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 MC Mining 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 MC Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of MC Mining Ltd?

Muslim investors may consider investing in MC Mining 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 MC Mining Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of MC Mining 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 MC Mining Ltd updated?

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

Can a halal stock like MC Mining 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 MC Mining Ltd?

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

MCM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

MC Mining Ltd. Stock Analysis MCM.AX

Australia Energy Micro Cap Report: 2025 Annual

MC Mining Ltd. is a coal exploration, development and mining company, which engages in the acquisition, exploration, and development of thermal and metallurgical coal projects. The company is headquartered in Melbourne, Victoria. The firm is a developer of coking and thermal coal assets, located primarily in the Limpopo province of South Africa. The company focuses on focus on the stage of project development and the product offerings of coal mines in production. The Company’s key projects include Uitkomst Colliery (metallurgical and thermal coal), Makhado Project (hard coking coal), Vele Colliery (semi-soft coking and thermal coal), and the Greater Soutpansberg Projects-MbeuYashu (coking and thermal coal). Uitkomst Colliery is a producer of thermal and metallurgical coal, is situated 20 kilometers (km) northwest of Utrecht and 23 (km) northeast of Newcastle in the KwaZulu Natal province. The Makhado Project is located in the Soutpansberg Coalfield, approximately 36 km north of Makhado town on the N1 or 65 km southwest of Musina and 80 km southeast of Vele, Limpopo province.

Key Statistics of MC Mining Ltd (MCM.AX)

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

Today's Range

AUD0.32AUD0.32

Today's Open

AUD0.32

Volume

27.00K

P/E Ratio (TTM)

52 Week Range

AUD0.09AUD0.37

Market Cap

245.03M

Avg. Volume

14.29K

Dividend Yield

Financial Metrics & Statements of MC Mining Ltd (MCM.AX)

FAQ's for MC Mining Ltd (MCM.AX)

According to Musaffa’s Shariah screening methodology, MC Mining Ltd (MCM.AX) is currently classified as NOT HALAL as of October 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.