Yes. As of September 2026, Mincon Group PLC (MIO.IR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mincon Group PLC passes Musaffa's business and financial screening criteria.
Mincon Group Plc engages in the business of designing, manufacturing, selling, and servicing rock drilling tools and products. The firm is engaged in specializing in the design, manufacture, sale and servicing of rock drilling tools, and associated products. The firm is managed as a single business unit that sells drilling equipment, primarily manufactured by its manufacturing sites. Its product lines include Conventional down the hole (DTH), Reverse circulation (RC), Horizontal directional drilling, Rotary drilling, Geotechnical, Drill pipe, Tungsten carbide, and Mast attachments for excavators. The firm manufactures hammers, bits (including rotary bits), and pipes that are used in a variety of drilling industries including production and exploration, mining, water wells, geothermal, construction, quarrying and seismic drilling. The company has approximately nine manufacturing facilities located in Ireland, the United Kingdom, Sweden, Finland, Australia, South Africa, Canada, and the United States.
Mincon Group PLC MIO.IR
Last Updated: Sep 07, 12:00 AM·ISE
MIO.IR Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mincon Group PLC is classified as halal.