Tempest Minerals Ltd TEM.AX
AUD0.00
Last Updated: Oct 13, 12:00 AM·ASX
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Is Tempest Minerals Ltd Stock Halal?
Shariah Compliance Analysis of TEM.AX Stock
Australia Materials Nano Cap No. As of October 2026, Tempest Minerals Ltd (TEM.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tempest Minerals Ltd does not pass Musaffa's business and financial screening criteria.
Tempest Minerals Ltd. engages in the mineral exploration business. The company is headquartered in Hawthorn, Victoria. The company went IPO on 2017-03-28. The Company’s projects include Yalgoo, Mount Magnet, Five Wheels and Elephant Project. Its flagship project is its holding in the Yalgoo region of Western Australia totaling over 1,000 square kilometers (km2). The Remorse Deposit sits on the eastern side of the Yalgoo Project, near a number of historical gold, iron and base metal occurrences. The Sanity Target sits in the eastern portion of the Yalgoo project area. Mount Magnet project is a prolific multi-million-ounce gold mining center with numerous large-scale, long-life open pit and underground mines. The Five Wheels project is over 266 km2 of granted tenure in the Earaheedy region of Western Australia proximal to the high-profile Rumble Resources Ltd discoveries. The Elephant project comprises over 194 km2 of highly prospective exploration leases.
TEM.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Tempest Minerals Ltd is classified as not halal.
NOT HALALTempest Minerals Ltd (TEM.AX) Chart
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Financial Metrics & Statements of Tempest Minerals Ltd (TEM.AX)
FAQ's for Tempest Minerals Ltd (TEM.AX)
- As of October 2026, Tempest Minerals Ltd TEM.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 Tempest Minerals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Tempest 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 Tempest 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 Tempest 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 Tempest Minerals 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 Tempest Minerals Ltd (TEM.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
