Is Mount Burgess Mining NL halal to invest in?

According to Musaffa's Shariah screening methodology, Mount Burgess Mining NL (MTB.AX) is currently classified as NOT HALAL as of August 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 Mount Burgess Mining NL 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 Mount Burgess Mining NL using these criteria to determine its compliance status.

Can Muslims buy shares of Mount Burgess Mining NL?

Muslim investors may consider investing in Mount Burgess Mining NL 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 Mount Burgess Mining NL classified as NOT HALAL?

Musaffa determines the Shariah status of Mount Burgess Mining NL 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 Mount Burgess Mining NL updated?

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

Can a halal stock like Mount Burgess Mining NL 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 Mount Burgess Mining NL?

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

MTB.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 04, 2025

Report Source: 2025 2nd Quarter Report

Mount Burgess Mining NL. Stock Analysis MTB.AX

Australia Materials Nano Cap Report: Q2, 2025

Mount Burgess Mining NL engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Perth, Western Australia. is an Australia-based company engaged in the discovery and developing commercial deposits of mineral resources. Its projects include Viking Project, Blair North Project, and Kihabe Project. The Viking Gold Project is located 30 kilometers (km) east of Norseman. The project comprises 66 square kilometers (km2) of granted tenure situated within the Albany-Fraser Province. The Blair North Project is located 25 km east of Kalgoorlie, surrounded by established operations and gold deposits. The Blair North project offers drill-ready targets along strike and at depth at the Commodore prospects. The Blair North Project sits approximately 20km southeast of Kalgoorlie in the Eastern Goldfields of Western Australia, within a prolific gold and nickel district rich in existing infrastructure. The Kihabe Project (PL43/2016) is situated in West Ngamiland, within the Republic of Botswana. The Kihabe project covers an area of 1,000 km2.

Key Statistics of Mount Burgess Mining NL (MTB.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

1.12M

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.02

Market Cap

12.95M

Avg. Volume

7.54M

Dividend Yield

Financial Metrics & Statements of Mount Burgess Mining NL (MTB.AX)

FAQ's for Mount Burgess Mining NL (MTB.AX)

According to Musaffa’s Shariah screening methodology, Mount Burgess Mining NL (MTB.AX) is currently classified as NOT HALAL as of August 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.