Is MLG OZ Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, MLG OZ Ltd (MLG.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 MLG OZ 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 MLG OZ Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of MLG OZ Ltd?

Muslim investors may consider investing in MLG OZ 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 MLG OZ Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of MLG OZ 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 MLG OZ Ltd updated?

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

Can a halal stock like MLG OZ 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 MLG OZ Ltd?

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

MLG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 18, 2025

Report Source: 2025 Annual Report

MLG OZ Ltd. Stock Analysis MLG.AX

Australia Materials Micro Cap Report: 2025 Annual

MLG Oz Ltd. engages in the provision of haulage, site services, open pit mining services, and crushing and screening services. The company is headquartered in Kalgoorlie, Western Australia and currently employs 1,100 full-time employees. The company went IPO on 2021-05-04. The firm delivers tailored solutions to mining operations, primarily focused on supporting its clients’ ore processing facilities across gold, iron ore and other base metals in Western Australia and the Northern Territory. The company offers a comprehensive range of services under an integrated business model, often within a single contractual framework. These include Civil & Construction, Crushing & Screening, Bulk Haulage & Site Services, and the supply of Open Pit Mining & Construction Materials from the Company’s strategically located regional quarries. Its key capabilities include building, owning, and operating models, contract crushing and screening services, as well as crusher feed and material management. Its services include construction, road maintenance, rehabilitation work, vehicle maintenance, and machinery and labor hire.

Key Statistics of MLG OZ Ltd (MLG.AX)

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

Today's Range

AUD0.78AUD0.81

Today's Open

AUD0.80

Volume

102.62K

P/E Ratio (TTM)

9.45

52 Week Range

AUD0.61AUD1.12

Market Cap

113.10M

Avg. Volume

44.41K

Dividend Yield

Financial Metrics & Statements of MLG OZ Ltd (MLG.AX)

FAQ's for MLG OZ Ltd (MLG.AX)

According to Musaffa’s Shariah screening methodology, MLG OZ Ltd (MLG.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.