Is Savannah Goldfields Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Savannah Goldfields Ltd (SVG.AX) is currently classified as NOT HALAL as of August 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 Savannah Goldfields 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 Savannah Goldfields Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Savannah Goldfields Ltd?

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.

Why is Savannah Goldfields Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Savannah Goldfields Ltd updated?

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

Can a halal stock like Savannah Goldfields 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 Savannah Goldfields Ltd?

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.

SVG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

Savannah Goldfields Ltd. Stock Analysis SVG.AX

Australia Materials Nano Cap Report: Q2, 2025

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.

Key Statistics of Savannah Goldfields Ltd (SVG.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

40.59M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.03

Market Cap

23.56M

Avg. Volume

285.64K

Dividend Yield

Financial Metrics & Statements of Savannah Goldfields Ltd (SVG.AX)

FAQ's for Savannah Goldfields Ltd (SVG.AX)

According to Musaffa’s Shariah screening methodology, Savannah Goldfields Ltd (SVG.AX) is currently classified as NOT HALAL as of August 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.