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Shariah compliance overview

Not Halal

Monument Mining Limited (MMY.V) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Monument Mining Limited

Monument Mining Limited is an entity focused on gold production and the development of mining assets, with operations spanning Canada, Australia, and Malaysia. The company wholly owns the Selinsing gold mine, situated in the Central Gold Belt of Pahang State in Western Malaysia.

Monument Mining Limited (MMY.V) operates in the Basic Materials sector, in the Gold industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing securities and assets.

Business Activity
1.84%Limit 5%Pass
Interest-bearing debt
0.14%Limit 30%Pass
Interest-bearing securities and assets
96.15%Limit 30%Fail
Dividend purification
1.84%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 Monument Mining Limited (MMY.V). Current Akinda screening label: Not Halal.