Is Zinc of Ireland NL halal to invest in?

According to Musaffa's Shariah screening methodology, Zinc of Ireland NL (ZMI.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 Zinc of Ireland NL 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 Zinc of Ireland NL using these criteria to determine its compliance status.

Can Muslims buy shares of Zinc of Ireland NL?

Muslim investors may consider investing in Zinc of Ireland NL 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 Zinc of Ireland NL classified as NOT HALAL?

Musaffa determines the Shariah status of Zinc of Ireland NL 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 Zinc of Ireland NL updated?

The Shariah compliance status of Zinc of Ireland NL may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Zinc of Ireland NL 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 Zinc of Ireland NL?

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

ZMI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Zinc of Ireland NL. Stock Analysis ZMI.AX

Australia Materials Nano Cap Report: Q2, 2025

Zinc of Ireland NL engages in the mineral exploration and project evaluation. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2007-09-18. Its 100%-owned Kildare Project is located approximately 40 kilometers (km) southwest of Dublin and comprises approximately 240 square kilometers (km2) of contiguous prospecting licenses. The Earaheedy license is located approximately 200 km east of Wiluna and 220 km southeast of the RTR Chinook and Magazine Pb-Zn discoveries. The Earaheedy license contains approximately 23 km of strike of the target unconformity between the Frere and Yelma formations. The firm also covers approximately 1380 km2 lithium exploration project in the Superior Province, Manitoba, Canada. Through its subsidiary Avignon Resources Pty Ltd, it has six mineral exploration licenses and seven mining claims in Manitoba.

Key Statistics of Zinc of Ireland NL (ZMI.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

1.44M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.02

Market Cap

11.06M

Avg. Volume

453.25K

Dividend Yield

Financial Metrics & Statements of Zinc of Ireland NL (ZMI.AX)

FAQ's for Zinc of Ireland NL (ZMI.AX)

According to Musaffa’s Shariah screening methodology, Zinc of Ireland NL (ZMI.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.