No. As of October 2026, Odyssey Gold Ltd (ODY.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Odyssey Gold Ltd does not pass Musaffa's business and financial screening criteria.
Odyssey Gold Ltd. engages in the exploration of mineral resources. The firm is focused on its high-grade gold projects in the Murchison Goldfields. The firm holds a land position of approximately 169 square kilometers (km2) in the prolific Murchison Goldfields. The Murchison Goldfields is host to a 35 million ounces (Moz) gold endowment. The company holds an 80% interest in the Tuckanarra and Stakewell gold projects (Tuckanarra Project). The Tuckanarra Project is located between Meekatharra and Mount Magnet, proximal to multiple gold processing plants, along the Great Northern Highway. The Tuckanarra Project area has open pits, extensive minor gold workings, and prospecting pits principally associated with quartz veins and the mafic and banded iron formations (BIF) units. Its Stakewell Project area is located within the Meekatharra-Wydgee Greenstone belt within the north-eastern Murchison Domain. The Project area covers Archean basement rocks.
Odyssey Gold Ltd ODY.AX
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Last Updated: Oct 09, 12:00 AM·ASX
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ODY.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Odyssey Gold Ltd is classified as not halal.
NOT HALAL
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FAQ's for Odyssey Gold Ltd (ODY.AX)
As of October 2026, Odyssey Gold Ltd ODY.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 Odyssey Gold Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Odyssey Gold 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 Odyssey Gold 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 Odyssey Gold 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 Odyssey Gold Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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