What is Lifezone Metals Limited's Shariah compliance score?

Lifezone Metals Limited's (LZM) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Lifezone Metals Limited pass AAOIFI screening?

Lifezone Metals Limited (LZM) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (LZM: 20.5%), (3) interest-bearing deposits below 30% (LZM: 7.1%), and (4) prohibited income below 5% (LZM: 50.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Lifezone Metals Limited stock?

Lifezone Metals Limited (LZM) has a non-permissible income ratio of 50.72%. Muslim investors should purify this percentage of any dividends received and capital gains realized from LZM shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Lifezone Metals Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Lifezone Metals Limited (LZM) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about LZM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

LZM: Is Lifezone Metals Limited Halal?

Lifezone Metals Limited

NYSEBasic MaterialsGB

$3.52

-3.83%

Market Cap: 316.5M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Lifezone Metals Limited (LZM) halal? Not Halal. Based on AAOIFI screening, Lifezone Metals Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

20.5% of 30.0% limit

What this means for you

Most scholars advise not holding LZM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Lifezone Metals Limited

Lifezone Metals Limited (LZM) is a company specializing in the comprehensive lifecycle of battery metals, from their initial extraction and processing to their eventual recycling. The firm delivers environmentally responsible metals, noted for their low carbon and sulfur dioxide emissions, to the burgeoning electric vehicle (EV) and battery manufacturing industries. Its primary metal offerings include nickel, copper, and cobalt. Central to its operations is the Kabanga nickel project, located in North-West Tanzania. The company's corporate headquarters are situated in Ramsey, Isle of Man.

Sector: Basic Materials · Industry: Industrial Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

NWPXA+

NWPX Infrastructure, Inc.

$120.30

-0.24%

CRMLA+

Critical Metals Corp.

$10.15

+0.79%

GROYA+

Gold Royalty Corp.

$3.22

-1.44%

IDRA+

Idaho Strategic Resources, Inc.

$35.44

-1.80%

HLA+

Hecla Mining Company

$15.40

-0.90%

More Basic Materials Stocks

LIN

Linde plc

APD

Air Products and Chemicals, Inc.

ECL

Ecolab Inc.

CTVA

Corteva, Inc.

A+

DuPont de Nemours, Inc.

B+

DOW

Dow Inc.

Free · No credit card required

Track LZM and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Lifezone Metals Limited (LZM) halal to invest in?

Lifezone Metals Limited (LZM) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Lifezone Metals Limited get a F compliance rating?

Lifezone Metals Limited (LZM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.5% (limit 30%); interest-bearing deposits of 7.1% (limit 30%); prohibited income of 50.72% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Lifezone Metals Limited's Shariah verdict?

Lifezone Metals Limited's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Lifezone Metals Limited re-screened for Shariah compliance?

Lifezone Metals Limited (LZM) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.