Is Tungsten Mining NL halal to invest in?

According to Musaffa's Shariah screening methodology, Tungsten Mining NL (TGN.AX) is currently classified as NOT HALAL as of October 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 Tungsten Mining 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 Tungsten Mining NL using these criteria to determine its compliance status.

Can Muslims buy shares of Tungsten Mining NL?

Muslim investors may consider investing in Tungsten Mining 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 Tungsten Mining NL classified as NOT HALAL?

Musaffa determines the Shariah status of Tungsten Mining 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 Tungsten Mining NL updated?

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

Can a halal stock like Tungsten Mining 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 Tungsten Mining NL?

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

TGN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

Tungsten Mining NL. Stock Analysis TGN.AX

Australia Materials Micro Cap Report: 2025 Annual

The company is headquartered in Perth, Western Australia. The company went IPO on 2012-12-17.

Key Statistics of Tungsten Mining NL (TGN.AX)

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

Today's Range

AUD0.23AUD0.25

Today's Open

AUD0.25

Volume

2.40M

P/E Ratio (TTM)

52 Week Range

AUD0.06AUD0.38

Market Cap

328.14M

Avg. Volume

55.79K

Dividend Yield

Financial Metrics & Statements of Tungsten Mining NL (TGN.AX)

FAQ's for Tungsten Mining NL (TGN.AX)

According to Musaffa’s Shariah screening methodology, Tungsten Mining NL (TGN.AX) is currently classified as NOT HALAL as of October 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.