Is South32 Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, South32 Ltd (S32.AX) is currently classified as NOT HALAL as of March 2026. 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 South32 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 South32 Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of South32 Ltd?

Muslim investors may consider investing in South32 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 South32 Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of South32 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 South32 Ltd updated?

The Shariah compliance status of South32 Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like South32 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 South32 Ltd?

You can check the latest Shariah compliance status of South32 Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

S32.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 25, 2026

Report Source: 2026 2nd Quarter Report

South32 Ltd. Stock Analysis S32.AX

Australia Materials Large Cap Report: Q2, 2026

South32 Ltd. operates as a metal and mining company. The company is headquartered in Perth, Western Australia and currently employs 8,892 full-time employees. The company went IPO on 2015-05-18. The company is developing natural resources and producing minerals and metals critical to the energy transition. Its segments include Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Australia Manganese and South Africa Manganese. Worsley Alumina segment includes an integrated bauxite mine and an alumina refinery in Australia. Brazil Alumina segment consists of an integrated bauxite mine and an alumina refinery in Brazil. Brazil Aluminium segment is engaged in aluminum smelter in Brazil. Hillside Aluminium segment is focused on aluminum smelter in South Africa. Mozal Aluminium segment is engaged in an aluminum smelter in Mozambique. Sierra Gorda segment is focused on copper mines in Chile. Cannington segment includes silver, lead and zinc mines in Australia. Hermosa segment includes base metals exploration and development projects in the United States.

Key Statistics of South32 Ltd (S32.AX)

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

Today's Range

AUD4.17AUD4.39

Today's Open

AUD4.39

Volume

15.47M

P/E Ratio (TTM)

60.97

52 Week Range

AUD2.52AUD4.91

Market Cap

18.30B

Avg. Volume

3.40M

Dividend Yield

2.09%

Financial Metrics & Statements of South32 Ltd (S32.AX)

FAQ's for South32 Ltd (S32.AX)

According to Musaffa’s Shariah screening methodology, South32 Ltd (S32.AX) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.