Is Tanami Gold NL halal to invest in?

According to Musaffa's Shariah screening methodology, Tanami Gold NL (TAM.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 Tanami Gold NL 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 Tanami Gold NL using these criteria to determine its compliance status.

Can Muslims buy shares of Tanami Gold NL?

Muslim investors may consider investing in Tanami Gold NL 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 Tanami Gold NL classified as NOT HALAL?

Musaffa determines the Shariah status of Tanami Gold NL 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 Tanami Gold NL updated?

The Shariah compliance status of Tanami Gold NL may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Tanami Gold NL 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 Tanami Gold NL?

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

TAM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Tanami Gold NL. Stock Analysis TAM.AX

Australia Materials Micro Cap Report: Q2, 2025

Tanami Gold NL engages in gold mining operations and mineral exploration. The company is headquartered in Perth, Western Australia. The firm has a 50% interest in the Central Tanami Project Joint Venture (CTPJV) located in the Tanami Desert in the Northern Territory. The Central Tanami Project (CTP) is located 650 kilometers northwest of Alice Springs in the Tanami Region of the Northern Territory. The company comprises a series of tenements that collectively cover an area of approximately 2,211 square kilometers (km2) area held in the Tanami Region in the Northern Territory. The tenement holding encompasses prospective, underexplored geological sequences in an area that is known to be well endowed with gold mineralization.

Key Statistics of Tanami Gold NL (TAM.AX)

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

Today's Range

AUD0.06AUD0.07

Today's Open

AUD0.07

Volume

2.13M

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.14

Market Cap

112.81M

Avg. Volume

55.43K

Dividend Yield

Financial Metrics & Statements of Tanami Gold NL (TAM.AX)

FAQ's for Tanami Gold NL (TAM.AX)

According to Musaffa’s Shariah screening methodology, Tanami Gold NL (TAM.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.