Mastermyne Group Ltd MYE.AX
AUD0.60 AUD0.03 (4.39%) 1D
Last Updated: Aug 14, 12:00 AM·ASX
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MYE.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Mastermyne Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Mastermyne Group Ltd. Stock Analysis MYE.AX
Australia Materials Micro Cap Mastermyne Group Ltd. engages in the provision of contracting services to the mining sector. The company is headquartered in Mackay, Queensland. The company went IPO on 2010-05-07. The firm provides mine operations, contracting, training and related services in mining and supporting industries across Australia. Its mining provides a full range of services and equipment to the coal mining industry, including new mine development, mine operation, roadway development, conveyors, outbye services, ventilation, secondary support, longwall relocations, polymeric emergency strata consolidation, production and ancillary equipment, and mining consumables. In addition, its Registered Training Organization delivers training and compliance solutions that improve efficiency and reduce costs to mine operators. Its portfolio of work encompasses outcomes for clients including Anglo American, Centennial Coal, Fitzroy Mining Operations, Glencore, GM3, Peabody Energy, Whitehaven Coal and Yancoal.
Mastermyne Group Ltd (MYE.AX) Chart
Financial Metrics & Statements of Mastermyne Group Ltd (MYE.AX)
FAQ's for Mastermyne Group Ltd (MYE.AX)
- As of August 2026, Mastermyne Group Ltd MYE.AX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mastermyne Group Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Mastermyne Group 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.
- Musaffa determines the Shariah status of Mastermyne Group Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Mastermyne Group Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Mastermyne Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Mastermyne Group Ltd (MYE.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
