Is Albion Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Albion Resources Ltd (ALB.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Albion Resources 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 Albion Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Albion Resources Ltd?

Muslim investors may consider investing in Albion Resources 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 Albion Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Albion Resources 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 Albion Resources Ltd updated?

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

Can a halal stock like Albion Resources 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 Albion Resources Ltd?

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

ALB.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Albion Resources Ltd. Stock Analysis ALB.AX

Australia Materials Nano Cap Report: Q2, 2025

Albion Resources Ltd. is focused on exploration for lead, zinc, gold, and nickel. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-04-30. The firm's projects include the Leinster Project and Lennard Shelf Project. The Leinster Project, located over 30 kilometers (km) southeast of Leinster, covers an area of over 42 square kilometers (km2) and is prospective for nickel-copper being located adjacent to BHP's Nickel West Weebo Ni deposit. The Lennard Shelf Project comprises over five granted exploration licences (E 04/2499, 04/2637, 04/2672, 04/2504 and 80/5352) and one exploration licence application (E 04/2662), which collectively covers a total area of over 393km2 in the Lennard Shelf, Kimberly Region, WA. The project is subdivided into four subprojects, namely: Pillara East, Prices Hill, and Sadler Ridge. The firm has newly acquired Yandal West Project. The Yandal West Gold Project has over three contiguous tenements covering a total area of over 61km2.

Key Statistics of Albion Resources Ltd (ALB.AX)

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

Today's Range

AUD0.05AUD0.05

Today's Open

AUD0.05

Volume

17.36K

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.16

Market Cap

7.25M

Avg. Volume

388.93K

Dividend Yield

Financial Metrics & Statements of Albion Resources Ltd (ALB.AX)

FAQ's for Albion Resources Ltd (ALB.AX)

According to Musaffa’s Shariah screening methodology, Albion Resources Ltd (ALB.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.