Is Ordell Minerals Ltd halal to invest in?

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

Can Muslims buy shares of Ordell Minerals Ltd?

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

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

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

Can a halal stock like Ordell 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 Ordell Minerals Ltd?

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

ORD.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Ordell Minerals Ltd. Stock Analysis ORD.AX

Australia Materials Nano Cap Report: Q2, 2025

Ordell Minerals Ltd. engages in the metals business. The firm has a prospective gold and lithium exploration portfolio. Its projects include Barimaia Gold Project, Goodia Gold Project, and Fisher South Gold Project. Its flagship Barimaia Gold Project, located in the Murchison region of Western Australia, represents an advanced exploration project with significant historical drilling results. The Goodia Project is an early-stage exploration opportunity approximately 15 kilometers (km) west of Norseman and is located close to several operating gold mines. The Fisher South Project is located 400 km north of Kalgoorlie in the Laverton district of the north-eastern Goldfields. The Fisher South is an early-stage exploration project, strategically located 40 km along strike from Emerald Resources’ North Laverton Gold Project. The Project is highly prospective for gold, nickel and base metal deposits.

Key Statistics of Ordell Minerals Ltd (ORD.AX)

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

Today's Range

AUD0.66AUD0.75

Today's Open

AUD0.68

Volume

58.73K

P/E Ratio (TTM)

52 Week Range

AUD0.32AUD1.06

Market Cap

47.25M

Avg. Volume

114.54K

Dividend Yield

Financial Metrics & Statements of Ordell Minerals Ltd (ORD.AX)

FAQ's for Ordell Minerals Ltd (ORD.AX)

According to Musaffa’s Shariah screening methodology, Ordell Minerals Ltd (ORD.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.