Is Sunshine Metals Ltd halal to invest in?

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

Can Muslims buy shares of Sunshine Metals Ltd?

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

Musaffa determines the Shariah status of Sunshine Metals 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 Sunshine Metals Ltd updated?

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

Can a halal stock like Sunshine Metals 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 Sunshine Metals Ltd?

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

SHN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Sunshine Metals Ltd. Stock Analysis SHN.AX

Australia Materials Micro Cap Report: Q2, 2025

Sunshine Metals Ltd. is a mineral exploration company, which engages in exploring nickel, gold, and iron ore properties. The Company’s projects include Sybil, Ravenswood Consolidated, Investigator and Hodgkinson projects. Sybil lies north of Charters Towers in close proximity to the Ravenswood Consolidated Project and is prospective for epithermal gold. The Ravenswood Consolidated is prospective for intrusion-related mineral systems hosting gold-copper-molybdenite and rare earth metals, located over 130 kilometers (km) south of Sunshine’s head office in Townsville. The Investigator project is a copper prospect located about 100 km north of Mt Isa. The project area is located on the Mount Gordon Fault Zone. The Hodgkinson gold project is situated between the Palmer River alluvial gold field and Hodgkinson gold field, and incorporates the Elephant Creek Gold, Peninsula Gold-Copper and Campbell Creek Gold prospects.

Key Statistics of Sunshine Metals Ltd (SHN.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

5.11M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.05

Market Cap

72.81M

Avg. Volume

1.83M

Dividend Yield

Financial Metrics & Statements of Sunshine Metals Ltd (SHN.AX)

FAQ's for Sunshine Metals Ltd (SHN.AX)

According to Musaffa’s Shariah screening methodology, Sunshine Metals Ltd (SHN.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.