Star Minerals Ltd SMSLF
SMSLF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Star Minerals Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Star Minerals Ltd. Stock Analysis SMSLF
United States Materials Nano Cap 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.
Star Minerals Ltd (SMSLF) Chart
Financial Metrics & Statements of Star Minerals Ltd (SMSLF)
FAQ's for Star Minerals Ltd (SMSLF)
- As of August 2026, Star Minerals Ltd SMSLF 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.
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