Canterbury Resources Ltd CBY.AX
AUD0.04 AUD0.00 (2.56%) 1D
Last Updated: Oct 14, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is Canterbury Resources Ltd Stock Halal?
Shariah Compliance Analysis of CBY.AX Stock
Australia Materials Nano Cap No. As of October 2026, Canterbury Resources Ltd (CBY.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Canterbury Resources Ltd does not pass Musaffa's business and financial screening criteria.
Canterbury Resources Ltd. engages in mineral exploration. The firm is focused on exploring potential Tier-1 copper-gold projects in the Southwest Pacific. The firm has a portfolio of projects in Australia and Papua New Guinea that are prospective for porphyry copper-gold, epithermal gold-silver and intrusion-related Ni-Cu-PGM deposits. Its portfolio includes multiple projects that are at the advanced exploration phase. Each project provides potential for the discovery and/or delineation of large-scale copper, gold, and molybdenum resources. Its tenements in Australia include Briggs, Mannersley, Fig Tree Hill, Don River, Rocky Point, Ulam Range, and Peenam. Its tenements in Papua New Guinea include Bismarck, Ekuti Range, Wamum, Waits Creek, Waffa River, and Legusulum. The company also has an agreement to acquire EPM 29106 (Jack Shay) in central Queensland, Australia. Briggs is located approximately 60 kilometers west of the deep-water port of Gladstone.
CBY.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Canterbury Resources Ltd is classified as not halal.
NOT HALALCanterbury Resources Ltd (CBY.AX) Chart
Fetching Price Chart...
Financial Metrics & Statements of Canterbury Resources Ltd (CBY.AX)
FAQ's for Canterbury Resources Ltd (CBY.AX)
- As of October 2026, Canterbury Resources Ltd CBY.AX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Canterbury Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Canterbury 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.
- Musaffa determines the Shariah status of Canterbury Resources Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Canterbury Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Canterbury Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Canterbury Resources Ltd (CBY.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
