Is VDM Group Ltd halal to invest in?

As of October 2026, VDM Group Ltd VMG.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.

Is VDM Group 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 VDM Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of VDM Group Ltd?

Muslim investors may consider investing in VDM Group 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 VDM Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of VDM Group 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 VDM Group Ltd updated?

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

Can a halal stock like VDM Group 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 VDM Group Ltd?

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

Is VDM Group Ltd Stock Halal?

Shariah Compliance Analysis of VMG.AX Stock

Australia Industrials Nano Cap

No. As of October 2026, VDM Group Ltd (VMG.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VDM Group Ltd does not pass Musaffa's business and financial screening criteria.

VDM Group Ltd. engages in the provision of construction and equipment hire activities in land development, road construction and building construction. The Company’s segment includes construction and mining and exploration. The Company’s Cachoerias do Binga (CdB) Copper Project is located in Angola within the central portion of the West Congo Copper Belt (WCCB) and is highly prospective for sediment-hosted copper mineralization. The CdB Project is located in the central coastal region of Angola 385 kilometers (km) south of the Angolan capital city of Luanda. The Company’s Cage Bengo Project is located in Angola and largely within the Uige Province. The Project area is home to copper, gold, manganese and iron deposits according to historical records. The company is also focused on reviewing a range of critical minerals project opportunities primarily in Australia, predominantly involving uranium, copper, lithium and other critical minerals.

VDM Group Ltd VMG.AX

AUD0.00

Last Updated: Oct 30, 12:00 AM·ASX

Pricing for AU stocks is delayed by 24 hours

VMG.AX Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, VDM Group Ltd is classified as not halal.

NOT HALAL

VDM Group Ltd (VMG.AX) Chart

Fetching Price Chart...

Financial Metrics & Statements of VDM Group Ltd (VMG.AX)

FAQ's for VDM Group Ltd (VMG.AX)

As of October 2026, VDM Group Ltd VMG.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 VDM Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in VDM Group 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 VDM Group 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 VDM Group 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 VDM Group 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 VDM Group Ltd (VMG.AX)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

	Name	Price	1D Change	Market Cap	Rating
	Structural Monitoring Systems PLC SMN.AX	AUD0.35	4.11%	AUD59.21M	Unlock
	DTI Group Ltd DTI.AX	AUD0.01	0.00%	AUD9.83M	Unlock