Is Namib Minerals halal to invest in?

According to Musaffa's Shariah screening methodology, Namib Minerals (NAMM) is currently classified as NOT HALAL as of December 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 Namib Minerals 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 Namib Minerals using these criteria to determine its compliance status.

Can Muslims buy shares of Namib Minerals?

Muslim investors may consider investing in Namib Minerals 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 Namib Minerals classified as NOT HALAL?

Musaffa determines the Shariah status of Namib Minerals 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 Namib Minerals updated?

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

Can a halal stock like Namib Minerals 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 Namib Minerals?

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

NAMM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 06, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Namib Minerals (NAMM)

Based on 7 analysts giving stock ratings to Namib Minerals in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Namib Minerals. Stock Analysis NAMM

United States Materials Micro Cap Report: Q2, 2025

Namib Minerals is a gold producer, developer and explorer with operations focused in Zimbabwe. The firm and its subsidiaries (including Greenstone Corporation) operate in Zimbabwe’s mining industry. The company operates an underground mine in Zimbabwe, with additional exploration assets in Zimbabwe and the Democratic Republic of Congo (DRC). The How Mine is located in the Bulawayo Greenstone Belt and consists of several gold-bearing pods within a sigmoidal structure. The mineralization is mainly pyrite (>90%), with chalcopyrite, pyrrhotite, and associated silification and carbonation. Its other assets are Mazowe Mine and Redwing Mine. Mazowe Mine is situated in the Harare Greenstone Belt. Mazowe Mine has gold-bearing sulfides and quartz in shear zones. The mine has two underground sections and over 247 claims, spanning over 2,939 hectares. In the DRC, it has an interest in 13 exploration permits, which include six initial drilling holes with identified copper and cobalt potential.

Key Statistics of Namib Minerals (NAMM)

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

Today's Range

$1.75$1.96

Today's Open

$1.98

Volume

843.38K

P/E Ratio (TTM)

52 Week Range

$0.91$55.00

Market Cap

197.53M

Avg. Volume

469.37K

Dividend Yield

Financial Metrics & Statements of Namib Minerals (NAMM)

FAQ's for Namib Minerals (NAMM)

According to Musaffa’s Shariah screening methodology, Namib Minerals (NAMM) is currently classified as NOT HALAL as of December 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.