Is Bubalus Resources Ltd halal to invest in?

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

Can Muslims buy shares of Bubalus Resources Ltd?

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

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

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

Can a halal stock like Bubalus 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 Bubalus Resources Ltd?

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

BUS.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 28, 2025

Report Source: 2025 2nd Quarter Report

Bubalus Resources Ltd. Stock Analysis BUS.AX

Australia Materials Nano Cap Report: Q2, 2025

Bubalus Resources Ltd. is a blank check company that was formed for the purpose of acquiring, exploring, evaluating, and exploiting mineral resource projects to generate growth and value for shareholders. The firm is engaged in exploration for critical minerals in the Northern Territory and Western Australia, and for gold in Victoria. The company has six projects: the Victorian Gold Projects, the Nolans East Rare Earths Project, the Yinnietharra Lithium Project, the Amadeus Manganese/Base Metals Project, the Coomarie Heavy Rare Earths Project, and the Pargee Heavy Rare Earths Project, which are in geological provinces in Victoria, Northern Territory and Western Australia. The Yinnietharra Lithium Project is located over two kilometers (kms) east of the Malinda Prospect owned by Delta Lithium Limited. The Amadeaus Project over 5,436 square kilometers (km2) and located 125 kms south of Alice Spring with multiple access roads across tenements as well as airstrips and rail. The Coomarie Project over 1,315 km2 and located in the Tanami Region.

Key Statistics of Bubalus Resources Ltd (BUS.AX)

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

Today's Range

AUD0.09AUD0.10

Today's Open

AUD0.09

Volume

525.37K

P/E Ratio (TTM)

52 Week Range

AUD0.08AUD0.20

Market Cap

5.94M

Avg. Volume

64.12K

Dividend Yield

Financial Metrics & Statements of Bubalus Resources Ltd (BUS.AX)

FAQ's for Bubalus Resources Ltd (BUS.AX)

According to Musaffa’s Shariah screening methodology, Bubalus Resources Ltd (BUS.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.