Is Alara Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Alara Resources Ltd (AUQ.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 Alara 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 Alara Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Alara Resources Ltd?

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

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

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

Can a halal stock like Alara 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 Alara Resources Ltd?

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

AUQ.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Alara Resources Ltd. Stock Analysis AUQ.AX

Australia Materials Nano Cap Report: Q2, 2025

Alara Resources Ltd. operates as a mineral exploration company. The company is headquartered in North Perth, Western Australia. The company went IPO on 2007-05-24. Its projects include Al Wash-hi Majaza Copper-Gold Project, Daris Copper-Gold Project, Awtad Copper-Gold Project, Mullaq Copper-Gold Project and Al Ajal Copper-Gold Project. Its Al Hadeetha Wash-hi Majaza Copper-Gold Project is located over 160 kilometers (km) south-west of the capital city Muscat, in the Sultanate of Oman. Its Daris Project consists of two high-grade copper mineralization within the 587 square kilometers (km2) Block 7 Exploration License. Its Awtad Project comprises an area of approximately 497 km2 (Block 8) and is located immediately adjacent to the Block 7 (Daris Copper-Gold Project). Its Mullaq Exploration License area is adjacent to the Wash-hi Exploration License. Its Al Ajal Prospect is located near the village of Al Ajal in the Taww area, near the northern coast of the Sultanate of Oman and about 65 km west of Muscat.

Key Statistics of Alara Resources Ltd (AUQ.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

51.62K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.05

Market Cap

25.70M

Avg. Volume

137.79K

Dividend Yield

Financial Metrics & Statements of Alara Resources Ltd (AUQ.AX)

FAQ's for Alara Resources Ltd (AUQ.AX)

According to Musaffa’s Shariah screening methodology, Alara Resources Ltd (AUQ.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.