Is Metro Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Metro Mining Ltd (MMI.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 Metro Mining 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 Metro Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Metro Mining Ltd?

Muslim investors may consider investing in Metro Mining 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 Metro Mining Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Metro Mining 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 Metro Mining Ltd updated?

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

Can a halal stock like Metro Mining 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 Metro Mining Ltd?

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

MMI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 13, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Metro Mining Ltd (MMI.AX)

Based on 5 analysts giving stock ratings to Metro Mining Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Metro Mining Ltd. Stock Analysis MMI.AX

Australia Materials Micro Cap Report: Q2, 2025

Metro Mining Ltd. engages in the exploration, mining, transhipping, and sale of bauxite. The company is headquartered in Brisbane, Queensland. The company went IPO on 2009-12-04. The firm is an independent bauxite producer and explorer. The Company’s principal activities include the exploration, mining and sale of bauxite, and the brownfield expansion of the Bauxite Hills Mine. The Company’s flagship project is the Bauxite Hills Mine, which is a single operating mine located 95 kilometers (km) north of Weipa in Western Cape York in Far North Queensland, with a total tenement package covering approximately 1,900 square kilometers (km2). The Bauxite Hills Mine has an estimated ore reserve of 101.5 metric tons (Mt) and total resources of 131.2 Mt. The firm produces a high alumina bauxite and ships directly to customers in large ore carriers.

Key Statistics of Metro Mining Ltd (MMI.AX)

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

Today's Range

AUD1.36AUD1.42

Today's Open

AUD1.40

Volume

549.68K

P/E Ratio (TTM)

3.01

52 Week Range

AUD0.96AUD1.90

Market Cap

417.85M

Avg. Volume

3.12M

Dividend Yield

Financial Metrics & Statements of Metro Mining Ltd (MMI.AX)

FAQ's for Metro Mining Ltd (MMI.AX)

According to Musaffa’s Shariah screening methodology, Metro Mining Ltd (MMI.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.