For sure, but the caveat is figuring out how much indigenous rocket development work we've done up to this point. IIRC, Denel's rocket stack for the Umkhonto R was used in the Marlin BVR AAM. Now, with FAAZ-SL basically being our own SLAMRAAM, then suggesting that we already have an AAM in the works is a good guess. My point is that we could build upon it and do more provided we mastered the tech (like Turkiye).
One of the concerns I had with the Ra'ad-series was that it was stuck because we leveraged an idle South African project. However, AWC clearly kept developing upon what it had and produced the Ra'ad-II and Taimoor. So, that would suggest that we have done addition work on the inputs, such as miniature turbofan or turbojet, materials, and guidance stack. If the SAMs are following a similar trajectory, then we'll see longer-ranged variants and, possibly, spin-off projects like AAMs, ARMs, etc.