No. As of October 2026, Alien Metals Ltd (UFO.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Alien Metals Ltd does not pass Musaffa's business and financial screening criteria.
Alien Metals Ltd. engages in the exploration, development, and production of silver and lithium. The company employs 2 full-time employees The company went IPO on 2004-07-14. The principal activity of the Company and its subsidiaries is the acquisition and development of mineral resource assets. The company holds a collection of projects within its portfolio, spearheaded by its Hancock DSO (direct shipping ore) iron ore project in which it has a 90% holding, through its 100% owned subsidiary, the Iron Ore Company of Australia (IOCA). In addition, the IOCA portfolio consists of the Brockman (90%) and Vivash Gorge (100%) iron ore projects, both surrounded by tier 1 tenements owned by mining corporates, such as Rio Tinto and FMG. Its Hancock Iron Ore Project is within 20 kilometers (km) of the established regional mining hub of Newman. Its Elizabeth Hill Silver Project is situated approximately 45 km south of Karratha in the Achaean Pilbara Block of the Pilbara Craton. The Munni Munni Project hosts significant PGE mineralization, which includes palladium, platinum, gold, and rhodium.
Alien Metals Ltd UFO.L
GBX0.07 GBX0.01 (7.14%) 1D
Last Updated: Oct 09, 12:00 AM·LSE
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UFO.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Alien Metals Ltd is classified as not halal.
NOT HALAL
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FAQ's for Alien Metals Ltd (UFO.L)
As of October 2026, Alien Metals Ltd UFO.L 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 Alien Metals Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Alien Metals 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 Alien Metals 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 Alien Metals 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 Alien Metals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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