Is Canterbury Resources Ltd halal to invest in?

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

Can Muslims buy shares of Canterbury Resources Ltd?

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.

Why is Canterbury Resources Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Canterbury Resources Ltd updated?

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

Can a halal stock like Canterbury 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 Canterbury Resources Ltd?

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.

CBY.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Canterbury Resources Ltd. Stock Analysis CBY.AX

Australia Materials Nano Cap Report: Q2, 2025

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.

Key Statistics of Canterbury Resources Ltd (CBY.AX)

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

Today's Range

AUD0.05AUD0.06

Today's Open

AUD0.06

Volume

592.57K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.06

Market Cap

9.55M

Avg. Volume

225.62K

Dividend Yield

Financial Metrics & Statements of Canterbury Resources Ltd (CBY.AX)

FAQ's for Canterbury Resources Ltd (CBY.AX)

According to Musaffa’s Shariah screening methodology, Canterbury Resources Ltd (CBY.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.