Is Tombador Iron Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Tombador Iron Ltd (TI1.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 Tombador Iron 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 Tombador Iron Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Tombador Iron Ltd?

Muslim investors may consider investing in Tombador Iron 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 Tombador Iron Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Tombador Iron 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 Tombador Iron Ltd updated?

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

Can a halal stock like Tombador Iron 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 Tombador Iron Ltd?

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

TI1.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 03, 2025

Report Source: 2024 Annual Report

Tombador Iron Ltd. Stock Analysis TI1.AX

Australia Materials Nano Cap Report: 2024 Annual

Tombador Iron Ltd. is a mineral exploration company, which focuses on the extraction of iron ore and the development of its Tombador Lump Project. The company has a JORC certified Mineral Resource estimate. The company is engaged in the production of high-grade iron ore. Its segments include Australia, Singapore, and Brazil. The Australia segment consists of Tombador Iron Limited. Singapore segment consists of Tombador Iron Singapore Pte Limited. The Brazil segment consists of Tombador Iron Mineracao Ltda. The Tombador mine is located nearby Sobradinho Lake and the town of Sento Se, in Bahia state, Brazil. The firm also has the shipping facility through multiple ports, including ports in the Bay of All Saints near Salvador or Aracaju port in neighboring Sergipe State, with all ports having iron ore bulk carriers.

Key Statistics of Tombador Iron Ltd (TI1.AX)

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

Today's Range

AUD0.43AUD0.47

Today's Open

AUD0.43

Volume

487.88K

P/E Ratio (TTM)

52 Week Range

AUD0.22AUD0.40

Market Cap

1.21M

Avg. Volume

321.30K

Dividend Yield

Financial Metrics & Statements of Tombador Iron Ltd (TI1.AX)

FAQ's for Tombador Iron Ltd (TI1.AX)

According to Musaffa’s Shariah screening methodology, Tombador Iron Ltd (TI1.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.