Is Medallion Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Medallion Metals Ltd (MM8.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 Medallion Metals 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 Medallion Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Medallion Metals Ltd?

Muslim investors may consider investing in Medallion Metals 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 Medallion Metals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Medallion Metals 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 Medallion Metals Ltd updated?

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

Can a halal stock like Medallion Metals 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 Medallion Metals Ltd?

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

MM8.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 18, 2025

Report Source: 2025 Annual Report

Medallion Metals Ltd. Stock Analysis MM8.AX

Australia Materials Micro Cap Report: 2025 Annual

Medallion Metals Ltd. is a mineral exploration company. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-03-22. The firm has two 100% owned projects which cover approximately 600 square kilometers of tenure at the intersection of the Southern Cross greenstone belt and the Albany Fraser Orogen (located 500km south-east of Perth, near Esperance). To the north is the flagship Ravensthorpe Gold Project (RGP), which is the key focus of the Company’s sulfide gold development strategy. To the south lies the earlier stage Jerdacuttup Project (Jerdacuttup), a prospective for base and precious metals. The Ravensthorpe Gold Project is centered on the historic Kundip mining center, located midway between the regional centers of Ravensthorpe and Hopetoun. Jerdacuttup is located approximately nine km to the south of Kundip, comprising the 5.6Mt Trilogy polymettalic deposit. The company holds a 10% interest in NickelSearch Limited, a dedicated nickel sulfide explorer focused on advancing the Carlingup Nickel Sulfide Project.

Key Statistics of Medallion Metals Ltd (MM8.AX)

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

Today's Range

AUD0.43AUD0.46

Today's Open

AUD0.46

Volume

640.27K

P/E Ratio (TTM)

52 Week Range

AUD0.22AUD0.60

Market Cap

334.30M

Avg. Volume

459.05K

Dividend Yield

Financial Metrics & Statements of Medallion Metals Ltd (MM8.AX)

FAQ's for Medallion Metals Ltd (MM8.AX)

According to Musaffa’s Shariah screening methodology, Medallion Metals Ltd (MM8.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.