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).

Lifezone Metals Limited logo

LZM β€” Is Lifezone Metals Limited Halal?

Not Halal

Lifezone Metals Limited

NYSEBasic MaterialsGB

$5.86

+8.52%

About Lifezone Metals Limited

Lifezone Metals Limited operates as a metals company in the battery metals supply chain of extraction, processing, and recycling. It supplies low-carbon and sulphur dioxide emission metals to the battery and EV markets. The company's products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania. The company is based in Ramsey, Isle of Man.

Sector: Basic Materials Β· Industry: Industrial Materials

Shariah Compliance Status

Based on AAOIFI screening standards

F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap11.1% / 30.0%

Compliance History

Not Halal β€” unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 3, 2026Fiscal: 2025-FYSource: FMP

Financial Overview

Market Cap

526.8M

Price

$5.86

Sector

Basic Materials

Industry

Industrial Materials

Halal Alternatives in Basic Materials

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

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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.