Is VDM Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, VDM Group Ltd (VMG.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 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.

VMG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2024 Annual Report

VDM Group Ltd. Stock Analysis VMG.AX

Australia Industrials Nano Cap Report: 2024 Annual

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.

Key Statistics of VDM Group Ltd (VMG.AX)

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

Today's Range

AUD0.00AUD0.00

Today's Open

AUD0.00

Volume

197.00

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.00

Market Cap

6.93M

Avg. Volume

500.10K

Dividend Yield

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

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

According to Musaffa’s Shariah screening methodology, VDM Group Ltd (VMG.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.