Is Ardea Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ardea Resources Ltd (ARL.AX) is currently classified as NOT HALAL as of October 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 Ardea 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 Ardea Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ardea Resources Ltd?

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

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

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

Can a halal stock like Ardea 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 Ardea Resources Ltd?

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

ARL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

Ardea Resources Ltd. Stock Analysis ARL.AX

Australia Materials Micro Cap Report: 2025 Annual

Ardea Resources Ltd. engages in the provision of exploration and development of mineral properties in Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2017-02-09. The firm is focused on the development of the Kalgoorlie Nickel Project (KNP), and its sub-set, the Goongarrie Hub, a globally significant series of nickel-cobalt and Critical Mineral deposits. The Goongarrie Hub is located over 70 kilometers northwest of Kalgoorlie-Boulder. The company is also focused on advanced-stage exploration at nickel sulphide targets such as Kalpini, and Critical Minerals targets including scandium and Rare Earth Elements throughout the KNP Eastern Goldfields nickel-gold province, with all exploration targets complementing the KNP nickel development strategy. Its land holding in the Eastern Goldfields of Western Australia comprises over 3480 square kilometers of tenements. The company is focused on Nickel Sulphide target generation for the Kalpini Hub (Kalpini and Bulong Nickel Projects, Emu Lake nickel sulphide) and Yerilla projects (Aubils, Boyce Creek and Jump Up Dam Nickel Projects).

Key Statistics of Ardea Resources Ltd (ARL.AX)

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

Today's Range

AUD0.63AUD0.69

Today's Open

AUD0.69

Volume

145.60K

P/E Ratio (TTM)

52 Week Range

AUD0.37AUD0.77

Market Cap

143.91M

Avg. Volume

32.07K

Dividend Yield

Financial Metrics & Statements of Ardea Resources Ltd (ARL.AX)

FAQ's for Ardea Resources Ltd (ARL.AX)

According to Musaffa’s Shariah screening methodology, Ardea Resources Ltd (ARL.AX) is currently classified as NOT HALAL as of October 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.