Is Zuleika Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Zuleika Gold Ltd (ZAG.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 Zuleika Gold 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 Zuleika Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Zuleika Gold Ltd?

Muslim investors may consider investing in Zuleika Gold 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 Zuleika Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Zuleika Gold 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 Zuleika Gold Ltd updated?

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

Can a halal stock like Zuleika Gold 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 Zuleika Gold Ltd?

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

ZAG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Zuleika Gold Ltd. Stock Analysis ZAG.AX

Australia Materials Nano Cap Report: Q2, 2025

Zuleika Gold Ltd. engages in the exploration and evaluation of mineral resources. The firm has a prospective tenement holding in the Kalgoorlie to Menzies region of the Eastern Goldfields. The company has two exploration projects and equity in the K2 deposit. The Zuleika Gold Project comprises over 230 square kilometers (km2) of tenements located on the Zuleika Shear, starting 25km west northwest of Kalgoorlie and extending 45km to the northwest from the Kundana/EKJV gold mines. The Credo Gold Project is located 35 km northwest of Kalgoorlie and 5km to the east of the Paddington Gold Mine.

Key Statistics of Zuleika Gold Ltd (ZAG.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

526.00K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.06

Market Cap

31.51M

Avg. Volume

139.43K

Dividend Yield

Financial Metrics & Statements of Zuleika Gold Ltd (ZAG.AX)

FAQ's for Zuleika Gold Ltd (ZAG.AX)

According to Musaffa’s Shariah screening methodology, Zuleika Gold Ltd (ZAG.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.