Is OD6 Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, OD6 Metals Ltd (OD6.AX) is currently classified as HALAL as of July 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 OD6 Metals 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 OD6 Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of OD6 Metals Ltd?

Muslim investors may consider investing in OD6 Metals 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 OD6 Metals Ltd classified as HALAL?

Musaffa determines the Shariah status of OD6 Metals 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 OD6 Metals Ltd updated?

The Shariah compliance status of OD6 Metals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like OD6 Metals 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 OD6 Metals Ltd?

You can check the latest Shariah compliance status of OD6 Metals Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

OD6.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

OD6 Metals Ltd. Stock Analysis OD6.AX

Australia Materials Nano Cap Report: Q2, 2025

OD6 Metals Ltd. is a mineral exploration and development company, which engages in the provision of Splinter Rock and Grass Patch projects. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-06-22. The firm is advancing the Gulf Creek Copper-Zinc volcanogenic massive sulfide (VMS) Project located near the town of Barraba in New South Wales, Australia. The Gulf Creek Copper project covers 23 square kilometers (km2) and is located approximately 540 kilometers (km) north of Sydney and over 400 km from the Port of Newcastle. The lease comprises the granted exploration license EL-8492. The company has identified clay hosted rare earths at its 100% owned Splinter Rock and Grass Patch Projects, which are located in the Esperance-Goldfields region of Western Australia. Splinter Rock Project is an approximately 2,579 km2 tenement package located over 150km northeast of Esperance, Western Australia, comprising six granted exploration licenses, being E63/2115, E69/3904, E69/3905, E69/3907, E69/3893 and E69/3894.

Key Statistics of OD6 Metals Ltd (OD6.AX)

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

Today's Range

AUD0.18AUD0.19

Today's Open

AUD0.19

Volume

4.67M

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.23

Market Cap

37.62M

Avg. Volume

906.09K

Dividend Yield

Financial Metrics & Statements of OD6 Metals Ltd (OD6.AX)

FAQ's for OD6 Metals Ltd (OD6.AX)

According to Musaffa’s Shariah screening methodology, OD6 Metals Ltd (OD6.AX) is currently classified as HALAL as of July 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.