Savannah Goldfields Ltd SVG.AX
AUD0.01 AUD0.00 (10.00%) 1D
Last Updated: Aug 12, 12:00 AM·ASX
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SVG.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Savannah Goldfields Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Savannah Goldfields Ltd. Stock Analysis SVG.AX
Australia Materials Nano Cap Savannah Goldfields Ltd. engages in the provision of mining of gold and coal assets. The company is headquartered in Brisbane, Queensland. The firm is focused on its gold mining and exploration projects in North Queensland. The firm's Agate Creek Gold Project is located about 70 kilometers (km) south of Georgetown and 60 km west of the Kidston deposit in North Queensland, covering over 1,034 square kilometers (km2). The firm also holds the Georgetown Project, which includes assets, such as 17 mining leases and 12 exploration permits covering approximately 515 square kilometers close to the plant in an under-explored region; and an operational carbon in pulp (CIP) processing plant, which has the capacity to operate at more than 250,000 tons per annum. The Georgetown project provides ownership of processing infrastructure and control over its own gold production.
Savannah Goldfields Ltd (SVG.AX) Chart
Financial Metrics & Statements of Savannah Goldfields Ltd (SVG.AX)
FAQ's for Savannah Goldfields Ltd (SVG.AX)
- As of August 2026, Savannah Goldfields Ltd SVG.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 Savannah Goldfields Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Savannah Goldfields 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 Savannah Goldfields 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 Savannah Goldfields 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 Savannah Goldfields Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Savannah Goldfields Ltd (SVG.AX)
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