Is Develop Global Ltd halal to invest in?

As of July 2026, Develop Global Ltd DVP.AX is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Develop Global Ltd 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 Develop Global Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Develop Global Ltd?

Muslim investors may consider investing in Develop Global Ltd 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 Develop Global Ltd classified as HALAL?

Musaffa determines the Shariah status of Develop Global Ltd 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 Develop Global Ltd updated?

The Shariah compliance status of Develop Global Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Develop Global Ltd 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 Develop Global Ltd?

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

Develop Global Ltd DVP.AX

Last Updated: Jul 21, 12:00 AM·ASX

DVP.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Develop Global Ltd is classified as halal.

HALAL

Report Source: 2026 2nd Quarter Report

Develop Global Ltd. Stock Analysis DVP.AX

Australia Materials Small Cap Report: Q2, 2026

Develop Global Ltd. engages in the exploration and production of mine base and precious metal resources. The firm is also involved in operations of its underground mining services division Develop Mining Services. Its segments include mining services and mining and exploration. Its projects include Sulphur Springs Project, Woodlawn Project, and Pioneer Dome. Its joint venture projects include Whim Creek Joint Venture, Balagundi Gold Project, Larkinville Gold Project, Blair-Golden Ridge Nickel, Wattle Dam Nickel, and Kangan Gold Project. The Sulphur Springs project is located approximately 144 kilometers (km) to the southeast of Port Hedland and includes the Sulphur Springs and Kangaroo Caves deposits together with tenements along the 27 km Panorama Trend that contains over six advanced targets that have returned intersections of commercial grade copper and zinc. The Woodlawn Project is a zinc-copper-lead-gold-silver project located in the Lachlan Fold belt in New South Wales.

Key Statistics of Develop Global Ltd (DVP.AX)

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

Today's Range

AUD5.43AUD5.80

Today's Open

AUD5.55

Volume

1.64M

P/E Ratio (TTM)

24.92

52 Week Range

AUD3.12AUD7.68

Market Cap

1.96B

Avg. Volume

550.08K

Dividend Yield

Financial Metrics & Statements of Develop Global Ltd (DVP.AX)

Super Investors Invested in Develop Global Ltd (DVP.AX)

FAQ's for Develop Global Ltd (DVP.AX)

As of July 2026, Develop Global Ltd DVP.AX is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Develop Global Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Develop Global Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Develop Global Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Develop Global Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Develop Global Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.