QMines Ltd QML.AX
AUD0.06 AUD0.00 (1.69%) 1D
Last Updated: Aug 07, 12:00 AM·ASX
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QML.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, QMines Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
QMines Ltd. Stock Analysis QML.AX
Australia Materials Nano Cap QMines Ltd. engages in the exploration and development of copper and gold. The firm owns 100% of the Mt Chalmers (copper-gold), Develin Creek (copper-zinc) and Mt Mackenzie (gold and silver) projects, located within 90 kilometers (km) of Rockhampton in Queensland. The Company’s flagship project, Mt Chalmers, situated 17 km north-east of Rockhampton, consists of five exploration permits for minerals and covers approximately 316 square kilometers. The Develin Creek Project is located approximately 90 km west of Rockhampton in Queensland. The project consists of two tenements, EPM 17604 and EPM 16749, for a total area of approximately 272 square kilometers. The firm's Mt Mackenzie Project is an advanced-stage gold and silver project located approximately 140 km northwest of Rockhampton. The project includes two parcels of freehold land and two granted tenements (EPM 10006 and MDL 2008).
QMines Ltd (QML.AX) Chart
Financial Metrics & Statements of QMines Ltd (QML.AX)
FAQ's for QMines Ltd (QML.AX)
- As of August 2026, QMines Ltd QML.AX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes QMines Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in QMines 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.
- Musaffa determines the Shariah status of QMines Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of QMines Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of QMines Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for QMines Ltd (QML.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
