Middle Island Resources Ltd MDI.AX
AUD0.02 AUD0.00 (7.14%) 1D
Last Updated: Aug 06, 12:00 AM·ASX
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MDI.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Middle Island Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Middle Island Resources Ltd. Stock Analysis MDI.AX
Australia Materials Nano Cap Middle Island Resources Ltd. is an exploration company, which engages in the business of identifying, acquiring, and exploring mineral assets. The company is headquartered in Perth, Western Australia. The company went IPO on 2010-12-16. The Company’s flagship asset is the Barkly Copper-Gold Super Project, which is prospective for large iron oxide copper gold (IOCG) and sediment hosted cu-zn-pb-ag (SedH) deposits at Tennant Creek and Barkly in the Northern Territory. The company also has several exploration projects (granted and pending applications) in the New England Fold within Queensland. The Barkly Super Project comprises 14 granted exploration licenses and two exploration license applications covering approximately 6,918 square kilometers (km2). The Barkly tenements primarily cover the interpreted eastward extensions of the Tennant Creek Mineral Field by Proterozoic stratigraphy. Its Queensland Copper-Gold Projects include three separate project areas with granted 100% owned tenements (Ridgelands, Greenbank and Cockatoo Projects) and other project areas under application pending grant.
Middle Island Resources Ltd (MDI.AX) Chart
Financial Metrics & Statements of Middle Island Resources Ltd (MDI.AX)
FAQ's for Middle Island Resources Ltd (MDI.AX)
- As of August 2026, Middle Island Resources Ltd MDI.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 Middle Island Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Middle Island 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.
- Musaffa determines the Shariah status of Middle Island Resources 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 Middle Island Resources 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 Middle Island Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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