Is Star Minerals Ltd halal to invest in?

As of July 2026, Star Minerals Ltd SMS.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.

Is Star Minerals 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 Star Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Star Minerals Ltd?

Muslim investors may consider investing in Star 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.

Why is Star Minerals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Star Minerals 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 Star Minerals Ltd updated?

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

Can a halal stock like Star Minerals 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 Star Minerals Ltd?

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

Star Minerals Ltd SMS.AX

Last Updated: Jul 21, 12:00 AM·ASX

SMS.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Star Minerals Ltd is classified as not halal.

NOT HALAL

Report Source: 2025 2nd Quarter Report

Star Minerals Ltd. Stock Analysis SMS.AX

Australia Materials Nano Cap Report: Q2, 2025

Star Minerals Ltd. operates as a mineral exploration company. The company is headquartered in Leederville, Western Australia. The company went IPO on 2021-10-27. The firm's projects include Tumblegum South Gold Project and West Bryah copper-gold exploration project. The Tumblegum South Gold Project is located 40 kilometers (kms) south, southeast of Meekatharra, and one kms west of Meekatharra-Sandstone Rd, approximately three kms to the east of the Star of the East historical mine, and one kms south of the old Gabanintha Gold Mine. The West Bryah Project is located around 140 kms north of Meekatharra in central Western Australia. The company holds over 694 square kilometers (km2) of ground within the West Bryah project, comprising ten granted exploration tenements. The company has entered into a binding agreement with Canadian listed Madison Metals Inc. for a farm-in and joint venture to acquire up to 51% of the company holding exploration permit EPL 8531 comprising the Cobra Uranium Project in the Erongo region of Namibia.

Key Statistics of Star Minerals Ltd (SMS.AX)

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

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

77.30K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.08

Market Cap

9.98M

Avg. Volume

438.06K

Dividend Yield

Financial Metrics & Statements of Star Minerals Ltd (SMS.AX)

Super Investors Invested in Star Minerals Ltd (SMS.AX)

FAQ's for Star Minerals Ltd (SMS.AX)

As of July 2026, Star Minerals Ltd SMS.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 Star Minerals Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Star 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 Star 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 Star 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 Star Minerals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.