Is BOA Resources Ltd halal to invest in?

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

Can Muslims buy shares of BOA Resources Ltd?

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

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

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

Can a halal stock like BOA 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 BOA Resources Ltd?

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

BOA.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

BOA Resources Ltd. Stock Analysis BOA.AX

Australia Materials Nano Cap Report: Q2, 2025

BOA Resources Ltd. is a mineral exploration company, which engages in exploration of nickel, copper, and gold in Western Australia. The company is headquartered in Melbourne, Victoria. The company went IPO on 2012-10-11. The firm is focused on its key lithium and nickel assets in Western Australia. In the Fraser Range, the Company holds 11 exploration licenses north and south of IGO’s Nova Ni-Co-Cu mine covering an area of approximately 919 square kilometers (km2). Its Fraser Range licenses include Symons Hill, Transline, White Knight, Giles, Fraser South, Southern Hills and South Plumridge. In Paterson Province, the Company’s Koongulla Project consists of three grant tenements, which cover a total area of approximately 670.7km2. The tenements are Koongulla EL45/5392, Koongulla East EL45/5866 and Koongulla South EL45/5959. The company holds various tenements in the Eastern Goldfields region, such as Bald Hill East, Kookaburra Well, Ant Hill, Two Tanks and Cat Camp.

Key Statistics of BOA Resources Ltd (BOA.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

327.15K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.06

Market Cap

13.95M

Avg. Volume

102.60K

Dividend Yield

Financial Metrics & Statements of BOA Resources Ltd (BOA.AX)

FAQ's for BOA Resources Ltd (BOA.AX)

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