Is Viridis Mining and Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Viridis Mining and Minerals Ltd (VMM.AX) is currently classified as NOT HALAL as of October 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 Viridis Mining and 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 Viridis Mining and Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Viridis Mining and Minerals Ltd?

Muslim investors may consider investing in Viridis Mining and 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 Viridis Mining and Minerals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Viridis Mining and 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 Viridis Mining and Minerals Ltd updated?

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

Can a halal stock like Viridis Mining and 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 Viridis Mining and Minerals Ltd?

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

VMM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 22, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Viridis Mining and Minerals Ltd (VMM.AX)

Based on 6 analysts giving stock ratings to Viridis Mining and Minerals Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Viridis Mining and Minerals Ltd. Stock Analysis VMM.AX

Australia Materials Micro Cap Report: 2025 Annual

Viridis Mining & Minerals Ltd. engages in the mineral exploration primarily on a portfolio of coal assets in Indonesia. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-01-24. The Company’s projects comprises, the Colossus Project, which the Company considers to be prospective for Rare Earth Elements; the South Kitikmeot Project and the Boddington West Project, which are prospective for gold; The Bindoon Project, which the Company considers to be prospective for nickel, copper and platinum group elements, and the Poochera and Smoky Projects, which the Company considers to be prospective for kaolin-halloysite. The Colossus IAC REE Project is located in the State of Minas Gerais, Brazil and comprises a total of over 228.62km2 licenses within and around the prolific Pocos De Caldas Alkaline Complex. The South Kitikmeot Gold Project consists of seven properties (Hiqiniq, Ujaraq, Gold Bug, Esker, Bling, Uist and Qannituq) covering over 11,448 hectares within the Back River of Western Nunavut, Canada.

Key Statistics of Viridis Mining and Minerals Ltd (VMM.AX)

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

Today's Range

AUD2.57AUD2.81

Today's Open

AUD2.71

Volume

1.08M

P/E Ratio (TTM)

52 Week Range

AUD0.26AUD3.08

Market Cap

323.16M

Avg. Volume

218.36K

Dividend Yield

Financial Metrics & Statements of Viridis Mining and Minerals Ltd (VMM.AX)

FAQ's for Viridis Mining and Minerals Ltd (VMM.AX)

According to Musaffa’s Shariah screening methodology, Viridis Mining and Minerals Ltd (VMM.AX) is currently classified as NOT HALAL as of October 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.