No. As of September 2026, Santa Fe Minerals Ltd (SFM.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Santa Fe Minerals Ltd does not pass Musaffa's business and financial screening criteria.
Santa Fe Minerals Ltd. is an exploration company, which engages in the exploration of gold and base metals. The company is headquartered in Nedlands, Western Australia. The company went IPO on 2011-10-07. The firm's projects include Mt Murray Base Metals Project, Challa North and Challa South. The Mt Murray Base Metals project area covers 29 square kilometers (km2) and is located 95 kilometers (km) south-east of Onslow in the Ashburton region of Western Australia. The Mt Murray Base Metals Project covers about nine kilometers (km) north south trending zone of poly- metallic copper-lead-zinc-silver-gold mineralization. The firm holds about seven granted exploration licenses across 463 square kilometers covering the Windamurra and Narndee Intrusions in Western Australia. The Challa South Project covers the southern part of the Narndee LIC and surrounding supracrustal rocks. Its Eburnea Gold Project comprises granted exploration permit PR544 (Satama Permit) (100%) and the application for exploration permit PRA575 (Bouake North Application).
Santa Fe Minerals Ltd SFM.AX
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SFM.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Santa Fe Minerals Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Santa Fe Minerals Ltd (SFM.AX)
FAQ's for Santa Fe Minerals Ltd (SFM.AX)
As of September 2026, Santa Fe Minerals Ltd SFM.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 Santa Fe Minerals Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Santa Fe 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.
Musaffa determines the Shariah status of Santa Fe Minerals 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 Santa Fe Minerals 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 Santa Fe Minerals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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