Is Waratah Minerals Ltd halal to invest in?

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

Can Muslims buy shares of Waratah Minerals Ltd?

Muslim investors may consider investing in Waratah 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 Waratah Minerals Ltd classified as NOT HALAL?

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

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

Can a halal stock like Waratah 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 Waratah Minerals Ltd?

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

WTM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2025

Report Source: 2025 2nd Quarter Report

Waratah Minerals Ltd. Stock Analysis WTM.AX

Australia Materials Micro Cap Report: Q2, 2025

Waratah Minerals Ltd. operates as a mineral exploration company. The company is headquartered in Orange, New South Wales. The company went IPO on 2012-10-29. The firm is engaged in exploring for and developing mineral deposits. The firm continues to explore the Stavely-Stawell Gold Project in western Victoria and the Azura Copper Project in the Kimberley region of Western Australia. The Stavely-Stawell project comprises a single exploration license (EL6871) covering an approximately 65-kilometer strike of the Stawell Gold Corridor and northern extents of the Stavely-Dryden Belt in western Victoria. The Azura project comprises approximately three granted exploration licenses (E80/4944, E80/5116, E80/5347) and one application (E80/5348), covering approximately 258 square kilometers (km2) of the Halls Creek Mobile Zone within the East Kimberley region of Western Australia. The Azura project is prospective for sediment/basalt hosted copper and magmatic nickel-copper-cobalt mineralization.

Key Statistics of Waratah Minerals Ltd (WTM.AX)

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

Today's Range

AUD0.67AUD0.70

Today's Open

AUD0.69

Volume

659.98K

P/E Ratio (TTM)

52 Week Range

AUD0.25AUD0.84

Market Cap

235.80M

Avg. Volume

176.54K

Dividend Yield

Financial Metrics & Statements of Waratah Minerals Ltd (WTM.AX)

FAQ's for Waratah Minerals Ltd (WTM.AX)

According to Musaffa’s Shariah screening methodology, Waratah Minerals Ltd (WTM.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.