Is Patagonia Lithium Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Patagonia Lithium Ltd (PL3.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 Patagonia Lithium 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 Patagonia Lithium Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Patagonia Lithium Ltd?

Muslim investors may consider investing in Patagonia Lithium 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 Patagonia Lithium Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Patagonia Lithium 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 Patagonia Lithium Ltd updated?

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

Can a halal stock like Patagonia Lithium 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 Patagonia Lithium Ltd?

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

PL3.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2024 Annual Report

Patagonia Lithium Ltd. Stock Analysis PL3.AX

Australia Materials Nano Cap Report: 2024 Annual

Patagonia Lithium Ltd. is engaged in the lithium ore mining business. The firm has two major lithium brine projects: Formentera/Cilon in Salar de Jama, Jujuy province and Tomas III at Incahuasi Salar in Salta Province of northern Argentina in the declared lithium triangle. The Formentera Project is the Company’s flagship project. The company is prospective for lithium and borates. The company is located in the municipality of Coranzuli in the Jujuy province. The Company’s concession covers over 1,752 hectares or approximately 15 square kilometers. The Tomas III Project is located adjacent to the Incahuasi salar and includes an exploration license granted in the Tolar Grande department, Salta Province, northwest Argentina, being potentially prospective for lithium and base metals. The concession area is approximately 571.5403 hectares and is located in an area dominated by volcanics and sits over 300-600 meters above the surface of the salar.

Key Statistics of Patagonia Lithium Ltd (PL3.AX)

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

Today's Range

AUD0.13AUD0.14

Today's Open

AUD0.14

Volume

110.72K

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.24

Market Cap

33.13M

Avg. Volume

15.55K

Dividend Yield

Financial Metrics & Statements of Patagonia Lithium Ltd (PL3.AX)

FAQ's for Patagonia Lithium Ltd (PL3.AX)

According to Musaffa’s Shariah screening methodology, Patagonia Lithium Ltd (PL3.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.