Is Power Minerals Ltd halal to invest in?

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

Can Muslims buy shares of Power Minerals Ltd?

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

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

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

Can a halal stock like Power 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 Power Minerals Ltd?

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

PNN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Power Minerals Ltd. Stock Analysis PNN.AX

Australia Materials Nano Cap Report: Q2, 2025

Power Minerals Ltd. is a mineral exploration company. The company is focused on transforming its lithium brine resources in Argentina, exploring its REE, niobium and other critical mineral assets in Brazil, and maximizing value from its Australian, Canadian, and other Argentinian assets. Its projects include Santa Anna Niobium & Rare Earths Project, Salta Lithium Brine Project, Santa Ines Copper-Gold Project and Morro do Ferro Rare Earths Project. Santa Anna Project is a high-grade niobium, rare earth element and gallium carbonatite-hosted asset located in Goias State, central Brazil. Salta Lithium Brine Project is located in the Salta province in northwest Argentina, within the Lithium Triangle. The Project consists of five salares (salt lakes) that sit within seven mining leases, over 147 square kilometers. Santa Ines Project is a high-grade copper-gold asset in Argentina. Morro do Ferro Rare Earths Project is located in southern Minas Gerais state, Brazil.

Key Statistics of Power Minerals Ltd (PNN.AX)

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

Today's Range

AUD0.12AUD0.13

Today's Open

AUD0.13

Volume

650.79K

P/E Ratio (TTM)

52 Week Range

AUD0.06AUD0.31

Market Cap

38.75M

Avg. Volume

214.34K

Dividend Yield

Financial Metrics & Statements of Power Minerals Ltd (PNN.AX)

FAQ's for Power Minerals Ltd (PNN.AX)

According to Musaffa’s Shariah screening methodology, Power Minerals Ltd (PNN.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.