Is Trigg Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Trigg Minerals Ltd (TMG.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 Trigg Minerals 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 Trigg Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Trigg Minerals Ltd?

Muslim investors may consider investing in Trigg 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.

Why is Trigg Minerals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Trigg Minerals 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 Trigg Minerals Ltd updated?

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

Can a halal stock like Trigg Minerals 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 Trigg Minerals Ltd?

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

TMG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 28, 2025

Report Source: 2025 2nd Quarter Report

Trigg Minerals Ltd. Stock Analysis TMG.AX

Australia Materials Micro Cap Report: Q2, 2025

Trigg Minerals Ltd. engages in the exploration and development of brine-hosted fertiliser minerals that are critical for the production of high-nutrient food sources. Its projects include Antimony Canyon; Achilles Antimony; Taylors Arm North Antimony; Taylors Arm South Antimony; Nundle Antimony-Gold; Spartan Antimony; Upper Hunter Antimony-Gold; Copeland & Cobark Gold-Antimony, and Drummond Epithermal & IRGS. Its flagship Antimony Canyon Project in Garfield County, Utah, holds approximately 49 unpatented lode mining claims and 20 patented mining claims. The Achilles Antimony project is an advanced-stage exploration/near-term development antimony project, which is located within Coffs Harbour Block of the New England Orogen. The Taylors Arm North Antimony Project is a high-grade, underexplored asset in the New England Orogen of northern New South Wales. The Drummond Project includes approximately 893 square kilometers across nine tenements in North Queensland’s prolific Drummond Basin, a Tier-one gold province.

Key Statistics of Trigg Minerals Ltd (TMG.AX)

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

Today's Range

AUD0.11AUD0.12

Today's Open

AUD0.12

Volume

9.38M

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.23

Market Cap

138.78M

Avg. Volume

12.71M

Dividend Yield

Financial Metrics & Statements of Trigg Minerals Ltd (TMG.AX)

FAQ's for Trigg Minerals Ltd (TMG.AX)

According to Musaffa’s Shariah screening methodology, Trigg Minerals Ltd (TMG.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.