Is Pacific Nickel Mines Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Pacific Nickel Mines Ltd (PNM.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 Pacific Nickel Mines 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 Pacific Nickel Mines Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Pacific Nickel Mines Ltd?

Muslim investors may consider investing in Pacific Nickel Mines 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 Pacific Nickel Mines Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Pacific Nickel Mines 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 Pacific Nickel Mines Ltd updated?

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

Can a halal stock like Pacific Nickel Mines 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 Pacific Nickel Mines Ltd?

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

PNM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Pacific Nickel Mines Ltd. Stock Analysis PNM.AX

Australia Materials Nano Cap Report: Q2, 2025

Pacific Nickel Mines Ltd. engages in the exploration, mining, and development of mineral deposits. The company is headquartered in Sydney, New South Wales. The company went IPO on 2002-11-26. The firm is engaged in advancing two high-grade nickel projects, Kolosori and Jejevo, located on Isabel Island within the Solomons. The Kolosori Nickel Project is a direct shipping ore nickel laterite project on Isabel Island in the Solomon Islands. The Kolosori Project is a Direct Shipping Ore (DSO) with a high-grade nickel laterite Mineral Resource Estimate totaling 7.06 million tons at 1.57% Ni at a 1.2% Ni cut off. The Jejevo Nickel Project is an advanced stage direct shipping ore nickel laterite project progressing to development located on Isabel Island in the Solomon Islands. The firm's second project, Jejevo, is 70 kilometers (km) north-west (NW) of the Kolosori Project. The firm's subsidiaries include Conrad Silver Mines Pty Ltd, Pacific Nickel Mines International Pty Ltd, Pacific Nickel Mines (SI) Limited, and Pacific Nickel Mines Moumolu Limited, among others.

Key Statistics of Pacific Nickel Mines Ltd (PNM.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

27.47K

P/E Ratio (TTM)

52 Week Range

AUD0.06AUD0.11

Market Cap

10.09M

Avg. Volume

6.47M

Dividend Yield

Financial Metrics & Statements of Pacific Nickel Mines Ltd (PNM.AX)

FAQ's for Pacific Nickel Mines Ltd (PNM.AX)

According to Musaffa’s Shariah screening methodology, Pacific Nickel Mines Ltd (PNM.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.