Is Rand Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rand Mining Ltd (RND.AX) is currently classified as HALAL as of October 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 Rand Mining 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 Rand Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rand Mining Ltd?

Muslim investors may consider investing in Rand Mining 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 Rand Mining Ltd classified as HALAL?

Musaffa determines the Shariah status of Rand Mining 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 Rand Mining Ltd updated?

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

Can a halal stock like Rand Mining 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 Rand Mining Ltd?

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

RND.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 18, 2025

Report Source: 2025 Annual Report

Rand Mining Ltd. Stock Analysis RND.AX

Australia Materials Micro Cap Report: 2025 Annual

Rand Mining Ltd. engages in the provision of exploration, development and production of mineral resources. The company is headquartered in Perth, Western Australia. The Company’s East Kundana Joint Venture (EKJV) is an operational underground gold mining project located in the Kundana area 25 kilometers (km) west northwest of Kalgoorlie and 47 km northeast of Coolgardie. The project comprises two producing underground mines Raleigh and Rubicon/Hornet /Pegasus (RHP). The Hornet orebody is located 600 meters (m) to the south of the Rubicon orebody. The Pegasus deposit is located approximately 480 m to the north of Rubicon and also accessed from the Rubicon decline.

Key Statistics of Rand Mining Ltd (RND.AX)

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

Today's Range

AUD2.45AUD2.45

Today's Open

AUD2.45

Volume

3685.00

P/E Ratio (TTM)

10.57

52 Week Range

AUD1.70AUD2.90

Market Cap

133.66M

Avg. Volume

3655.00

Dividend Yield

4.10%

Financial Metrics & Statements of Rand Mining Ltd (RND.AX)

FAQ's for Rand Mining Ltd (RND.AX)

According to Musaffa’s Shariah screening methodology, Rand Mining Ltd (RND.AX) is currently classified as HALAL as of October 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.