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Shariah compliance overview

Not Halal

IperionX Limited (IPX) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About IperionX Limited

IperionX Limited primarily focuses on discovering and developing mineral resource sites. The company's geological surveys seek out valuable deposits, specifically targeting epithermal and replacement-style precious and base metals, alongside titanium, rare earth elements, silica sand, and zircon.

IperionX Limited (IPX) operates in the Basic Materials sector, in the Other Precious Metals industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
0.23%Limit 30%Pass
Interest-bearing securities and assets
12.88%Limit 30%Pass
Dividend purification
100.00%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about IperionX Limited (IPX). Current Akinda screening label: Not Halal.