Is Sumo Resources PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Sumo Resources PLC (MLSUM.PA) is currently classified as NOT COVERED as of May 2026. 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 Sumo Resources PLC 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 Sumo Resources PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Sumo Resources PLC?

Muslim investors may consider investing in Sumo Resources PLC 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 Sumo Resources PLC classified as NOT COVERED?

Musaffa determines the Shariah status of Sumo Resources PLC 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 Sumo Resources PLC updated?

The Shariah compliance status of Sumo Resources PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Sumo Resources PLC 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 Sumo Resources PLC?

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

Sumo Resources PLC MLSUM.PA

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Last Updated: Jan 03, 12:00 AM·XPAR

Sumo Resources PLC. Stock Analysis MLSUM.PA

France N/A Nano Cap

Sumo Resources Plc is a holding company, which engages in exploration for rare minerals like tantalum, niobium, gold, and diamonds through holding majority stakes in junior mining companies or joint ventures. The firm explores rare metals, including Tantalum and gold. The Company’s projects include Maniema and Tanganyika. Its Maniema Project is in the Democratic Republic of Congo, known for deposits of gold, tantalite, wolframite and tin. Its Tanganyika Project is operated by its subsidiary, SR Tanmin Sarl. This region is rich in Tantalite, which is the ore containing Tantalum in the form of Tantalum pentoxide (Ta2O5). Tantalum has industrial applications, including its use in the manufacture of parts for electronic devices, including mobile phones, camera lenses, special steel alloys, medical equipment and more. Tantalum is a chemical element with the symbol Ta and atomic number 73.

Key Statistics of Sumo Resources PLC (MLSUM.PA)

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

Today's Range

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Today's Open

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Volume

74.94K

P/E Ratio (TTM)

52 Week Range

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Market Cap

102.00K

Avg. Volume

70.55K

Dividend Yield

Financial Metrics & Statements of Sumo Resources PLC (MLSUM.PA)

FAQ's for Sumo Resources PLC (MLSUM.PA)

According to Musaffa’s Shariah screening methodology, Sumo Resources PLC (MLSUM.PA) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.