Is QEM Ltd halal to invest in?

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

Can Muslims buy shares of QEM Ltd?

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

Musaffa determines the Shariah status of QEM 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 QEM Ltd updated?

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

Can a halal stock like QEM 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 QEM Ltd?

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

QEM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

QEM Ltd. Stock Analysis QEM.AX

Australia Materials Nano Cap Report: Q2, 2025

QEM Ltd. engages in the exploration and development of mines for oil shale, vanadium, and other minerals. The company is headquartered in Surfers Paradise, Queensland. The company went IPO on 2018-10-19. The firm is focused on the exploration and development of its flagship Julia Creek Project, covering 250 square kilometers (km2) in the Julia Creek area of North Western Queensland. The Julia Creek Vanadium and Energy Project (JCP) comprises four exploration permits: EPM 26429, EPM 25681, EPM 25662 and EPM 27057, with a total tenement size of 249.6 km2. Situated just 6km south-east of the Julia Creek township, the project benefits from proximity to major infrastructure and services. The company is intersected by the primary infrastructure corridor of the Flinders Highway and the Great Northern Railway, which connects Mount Isa to the Port of Townsville. The firm's Julia Creek Project holds a 2,870Mt Vanadium JORC Resource with an average V2O5 content of 0.31%, with 461Mt in the Indicated category and 2,406Mt in the Inferred category.

Key Statistics of QEM Ltd (QEM.AX)

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

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

1.83M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.06

Market Cap

11.86M

Avg. Volume

45.65K

Dividend Yield

Financial Metrics & Statements of QEM Ltd (QEM.AX)

FAQ's for QEM Ltd (QEM.AX)

According to Musaffa’s Shariah screening methodology, QEM Ltd (QEM.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.