Is Southern Hemisphere Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Southern Hemisphere Mining Ltd (SUH.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 Southern Hemisphere Mining 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 Southern Hemisphere Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Southern Hemisphere Mining Ltd?

Muslim investors may consider investing in Southern Hemisphere Mining 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 Southern Hemisphere Mining Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Southern Hemisphere Mining 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 Southern Hemisphere Mining Ltd updated?

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

Can a halal stock like Southern Hemisphere Mining 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 Southern Hemisphere Mining Ltd?

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

SUH.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Southern Hemisphere Mining Ltd. Stock Analysis SUH.AX

Australia Materials Nano Cap Report: Q2, 2025

Southern Hemisphere Mining Ltd. is an exploration stage company, which engages in the acquisition and exploration of mineral properties. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-11-03. The firm's projects include the Llahuin Copper-Gold-Moly Project, Los Pumas Battery Metal Manganese Project. Its Llahuin deposits are located close to the city of Illapel, in the Coquimbo Region, 250 kms north of Santiago in Chile, at an elevation of 1,300 meters (m), and eight kilometers (km) east of the large El Espino Copper-Gold mine development operated by Santiago listed copper producer Pucobre. The Los Pumas Manganese Project is located approximately 175 km east of the port city of Arica, Chile. The Los Pumas Manganese Project is an advanced manganese deposit for which the Company is seeking offtake/joint venture (JV) funding/sale for a long-life mine to produce agriculture products for soil improvement, electrolytic manganese for steel making and/or high-purity manganese sulphate monohydrate (HPMSM) to supply the electric vehicle and energy storage markets.

Key Statistics of Southern Hemisphere Mining Ltd (SUH.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

292.72K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.05

Market Cap

15.46M

Avg. Volume

57.81K

Dividend Yield

Financial Metrics & Statements of Southern Hemisphere Mining Ltd (SUH.AX)

FAQ's for Southern Hemisphere Mining Ltd (SUH.AX)

According to Musaffa’s Shariah screening methodology, Southern Hemisphere Mining Ltd (SUH.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.