Is Monument Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Monument Mining Ltd (MMY.V) is currently classified as NOT HALAL as of March 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 Monument 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 Monument Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Monument Mining Ltd?

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

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

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

Can a halal stock like Monument 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 Monument Mining Ltd?

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

MMY.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 23, 2026

Report Source: 2026 2nd Quarter Report

Monument Mining Ltd. Stock Analysis MMY.V

Canada Materials Micro Cap Report: Q2, 2026

Monument Mining Ltd. engages in the acquisition, exploration, and development of precious metals. The company has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, over 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties.

Key Statistics of Monument Mining Ltd (MMY.V)

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

Today's Range

CAD0.85CAD0.88

Today's Open

CAD0.87

Volume

400.46K

P/E Ratio (TTM)

6.04

52 Week Range

CAD0.38CAD1.55

Market Cap

287.26M

Avg. Volume

426.34K

Dividend Yield

Financial Metrics & Statements of Monument Mining Ltd (MMY.V)

FAQ's for Monument Mining Ltd (MMY.V)

According to Musaffa’s Shariah screening methodology, Monument Mining Ltd (MMY.V) is currently classified as NOT HALAL as of March 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.