Is Chariot Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Chariot Resources Ltd (CC9.AX) is currently classified as 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 Chariot 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 Chariot Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Chariot Resources Ltd?

Muslim investors may consider investing in Chariot 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 Chariot Resources Ltd classified as HALAL?

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

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

Can a halal stock like Chariot 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 Chariot Resources Ltd?

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

CC9.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 30, 2025

Report Source: 2024 Annual Report

Chariot Resources Ltd. Stock Analysis CC9.AX

Australia Materials Nano Cap Report: 2024 Annual

Chariot Resources Ltd. is a mineral exploration company, which engages in discovering and developing surface lithium opportunities in the United States. The company is headquartered in Perth, Western Australia. The company went IPO on 2023-10-27. The firm is focused on discovering and developing near surface lithium opportunities in the United States. Its projects include Wyoming Lithium Projects and Resurgent Project. Its Wyoming Lithium Projects assets include Black Mountain Project, Copper Mountain Project, and Regional Wyoming Lithium Projects. The Black Mountain Project is situated in Natrona County and lies approximately midway between Casper and Riverton, Wyoming and comprises over 352 unpatented lode mining claims. The Copper Mountain Project is located approximately 80 kilometers (km) northwest of Black Mountain in Fremont County, Wyoming, the United States of America. The Regional Wyoming Lithium Projects include South Pass, Tin Cup, Barlow Gap, Pathfinder, and JC projects. The Resurgent Project is located in Humboldt County in northern Nevada and Malheur County in southern Oregon. The company also comprises of The Nyamukono project.

Key Statistics of Chariot Resources Ltd (CC9.AX)

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

Today's Range

AUD0.08AUD0.08

Today's Open

AUD0.08

Volume

37.59K

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.33

Market Cap

17.92M

Avg. Volume

67.17K

Dividend Yield

Financial Metrics & Statements of Chariot Resources Ltd (CC9.AX)

FAQ's for Chariot Resources Ltd (CC9.AX)

According to Musaffa’s Shariah screening methodology, Chariot Resources Ltd (CC9.AX) is currently classified as 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.