Is Orange Minerals NL halal to invest in?

According to Musaffa's Shariah screening methodology, Orange Minerals NL (OMX.AX) is currently classified as NOT 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 Orange Minerals NL 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 Orange Minerals NL using these criteria to determine its compliance status.

Can Muslims buy shares of Orange Minerals NL?

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

Musaffa determines the Shariah status of Orange Minerals NL 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 Orange Minerals NL updated?

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

Can a halal stock like Orange Minerals NL 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 Orange Minerals NL?

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

OMX.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Orange Minerals NL. Stock Analysis OMX.AX

Australia Materials Nano Cap Report: Q2, 2025

Orange Minerals NL operates as an early stage gold and copper exploration company with projects on the Lachlan Fold Belt in New South Wales and the Eastern Goldfields in Western Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-12-08. The LFB of NSW hosts mines including Cadia/Ridgeway, North Parkes and Lake Cowal and the tenements in the Eastern Goldfields of WA are close to the Daisy Milano gold mine and Black Cat Resources Majestic Project. The firm is focusing on the Calarie & Wisemans Creek gold/base metal Projects in NSW, the Majestic/Kurnalpi gold, the Lennon’s Find Base Metal and the Mulga Rocks Uranium/Critical Minerals Projects in WA. Calarie is a mining lease (ML739) and two exploration licenses (EL8555, EL8580) that form a 70% earn-in joint venture with Godolphin Resources Limited. The Wisemans Creek project is located in the south-east of the Company’s NSW Project area. The Eastern Goldfields Project is located approximately 50 kilometers east of Kalgoorlie in the area around the Majestic, Kurnalpi and Mt Monger gold mining centers.

Key Statistics of Orange Minerals NL (OMX.AX)

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

Today's Range

AUD0.06AUD0.06

Today's Open

AUD0.06

Volume

50.00K

P/E Ratio (TTM)

52 Week Range

AUD0.05AUD0.12

Market Cap

11.37M

Avg. Volume

33.34K

Dividend Yield

Financial Metrics & Statements of Orange Minerals NL (OMX.AX)

FAQ's for Orange Minerals NL (OMX.AX)

According to Musaffa’s Shariah screening methodology, Orange Minerals NL (OMX.AX) is currently classified as NOT 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.