As of August 2026, Ten Sixty Four Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Ten Sixty Four Ltd. Stock Analysis MDSMF
United States Materials Micro Cap
Medusa Mining Limited (“Medusa” or the “Company”), a public company listed on the ASX is an Australian based gold producer, focused solely in the Philippines. The company is headquartered in Perth, Western Australia. The firm is engaged in mineral exploration, evaluation, development and mining/production of gold in the Asia Pacific region. Its segments include Mining and Processing, Philippines Exploration, and Australian Exploration. The Company’s projects include Co-O Mine, Philippines Exploration and Queensland Exploration. The Co-O Mine project is located in Central Eastern Mindanao in the Republic of the Philippines and are accessed by the national highway north of Davao City. The project comprises 410 square kilometers of tenements which cover approximately 70 kilometers of strike length. Its Philippines Exploration projects include Royal Crowne Vein Prospect, Saugon Gold Project, and Tailings Project. The Royal Crowne Vein Prospect is located approximately two kilometers north of the Co O mine. The company holds 100% interest in Queensland’s 4,150 square kilometers exploration land package in the southern Drummond Basin region of Central Queensland.
Ten Sixty Four Ltd (MDSMF) Chart
Financial Metrics & Statements of Ten Sixty Four Ltd (MDSMF)
FAQ's for Ten Sixty Four Ltd (MDSMF)
As of August 2026, Ten Sixty Four Ltd MDSMF 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 Ten Sixty Four Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Ten Sixty Four 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 Ten Sixty Four 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 Ten Sixty Four 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 Ten Sixty Four 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 Ten Sixty Four Ltd (MDSMF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.