Mindax Ltd MDX.AX
AUD0.04
Last Updated: Sep 09, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us
Is Mindax Ltd Stock Halal?
Shariah Compliance Analysis of MDX.AX Stock
Australia Materials Micro Cap No. As of September 2026, Mindax Ltd (MDX.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mindax Ltd does not pass Musaffa's business and financial screening criteria.
Mindax Ltd. engages in the exploration and development of mineral properties. The firm's segments include Gold and Iron Ore. The Gold segment includes Meekatharra and Mt Lucky Projects. The Iron Ore segment comprises the Mt Forrest Project. The Meekatharra Gold Project (Meekatharra North), tenement E51/1705, lies within the Murchison Gold Field of Western Australia, approximately 40 kilometers (km) north of Meekatharra and two km south of the Andy Well Gold Mine. The Mt Lucky Gold Project, tenement E38/3336, lies within the Mt Margaret Mineral Field of the north-eastern Goldfields of Western Australia (Laverton Greenstone Belt), approximately seven km east of the Granny Smith gold mine (plant capacity 3.5 million tons per annum) and 12 km southeast of Laverton. The Mt Forrest magnetite iron ore project is operated through a joint venture. The company is exploring a regional infrastructure concept centered around its Mt Forrest project, and other surrounding or neighboring projects.
MDX.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mindax Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Mindax Ltd (MDX.AX) Chart
Financial Metrics & Statements of Mindax Ltd (MDX.AX)
FAQ's for Mindax Ltd (MDX.AX)
- As of September 2026, Mindax Ltd MDX.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 Mindax Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Mindax 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 Mindax 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 Mindax 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 Mindax 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 Mindax Ltd (MDX.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
