Is Codrus Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Codrus Minerals Ltd (CDR.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 Codrus Minerals 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 Codrus Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Codrus Minerals Ltd?

Muslim investors may consider investing in Codrus Minerals 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 Codrus Minerals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Codrus Minerals 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 Codrus Minerals Ltd updated?

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

Can a halal stock like Codrus Minerals 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 Codrus Minerals Ltd?

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

CDR.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Codrus Minerals Ltd. Stock Analysis CDR.AX

Australia Materials Nano Cap Report: Q2, 2025

Codrus Minerals Ltd. operates as a gold exploration company. The Company’s portfolio of gold and copper projects is located in Western Australia (WA) and Oregon, the United States of America (USA). Its critical mineral projects are Jasper Wedge Uranium Project, Nanuk Uranium, Karloning Rare Earth Element (REE) Project, and Silver Swan South Project and its gold projects are Bull Run Gold Project, Red Gate Gold Project, and Middle Creek Gold Project. The company holds 100% interest in the Bull Run Project, consisting of over 102 claims. The Karloning Rare Earth Element (REE) Project is in the wheatbelt region of Western Australia. The Middle Creek Gold Project is approximately 10 kilometers east of Nullagine in the Pilbara mining district of WA. The Jasper Wedge Uranium Project covers an area of 2,099 hectares and is located within the Athabasca Basin. The Nanuk Uranium Project consists of 66 mineral claims covering an area of approximately 3,207 hectares located in Quebec, Canada.

Key Statistics of Codrus Minerals Ltd (CDR.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

1631.00

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.05

Market Cap

5.38M

Avg. Volume

37.85K

Dividend Yield

Financial Metrics & Statements of Codrus Minerals Ltd (CDR.AX)

FAQ's for Codrus Minerals Ltd (CDR.AX)

According to Musaffa’s Shariah screening methodology, Codrus Minerals Ltd (CDR.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.