Is Northern Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Northern Minerals Ltd (NTU.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 Northern Minerals 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 Northern Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Northern Minerals Ltd?

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

Musaffa determines the Shariah status of Northern Minerals 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 Northern Minerals Ltd updated?

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

Can a halal stock like Northern Minerals 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 Northern Minerals Ltd?

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

NTU.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Northern Minerals Ltd (NTU.AX)

Based on 5 analysts giving stock ratings to Northern Minerals Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Northern Minerals Ltd. Stock Analysis NTU.AX

Australia Materials Micro Cap Report: 2025 Annual

Northern Minerals Ltd. engages in the exploration, evaluation, and development of mineral properties. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-11-15. The company owns 100% of the Browns Range Project (Project) in northern Western Australia, tenements rich in the heavy rare earth elements dysprosium (Dy) and terbium (Tb). The Browns Range Project is located over160 kilometers (km) south-east of Halls Creek on the northern edge of the Tanami Desert in Western Australia. Its other projects include John Galt, Boulder Ridge, Coomarie Dome, Gardiner Tanami, and Rabbit Flats. The John Galt Project comprises granted tenements held 100% by the Company, which covers a combined area of 78 square kilometers (km2). John Galt is situated in East Kimberley, approximately 150km north of Browns Range. The John Galt Project comprises granted tenements, such as E80/4298, E80/4967, E80/5230, and E80/6079. Boulder Ridge Project is located 150 km south of the Browns Range Dome along the western margin of the Coomarie Dome. Rabbit Flats tenement group lies immediately east of the Tanami village in the NT.

Key Statistics of Northern Minerals Ltd (NTU.AX)

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

Today's Range

AUD0.02AUD0.03

Today's Open

AUD0.03

Volume

34.86M

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.08

Market Cap

219.52M

Avg. Volume

3.41M

Dividend Yield

Financial Metrics & Statements of Northern Minerals Ltd (NTU.AX)

FAQ's for Northern Minerals Ltd (NTU.AX)

According to Musaffa’s Shariah screening methodology, Northern Minerals Ltd (NTU.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.