Is Charger Metals NL halal to invest in?

According to Musaffa's Shariah screening methodology, Charger Metals NL (CHR.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 Charger Metals NL 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 Charger Metals NL using these criteria to determine its compliance status.

Can Muslims buy shares of Charger Metals NL?

Muslim investors may consider investing in Charger Metals NL 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 Charger Metals NL classified as NOT HALAL?

Musaffa determines the Shariah status of Charger Metals NL 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 Charger Metals NL updated?

The Shariah compliance status of Charger Metals NL may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Charger Metals NL 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 Charger Metals NL?

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

CHR.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Charger Metals NL. Stock Analysis CHR.AX

Australia Materials Nano Cap Report: Q2, 2025

Charger Metals NL operates as a lithium and other base metals mining company. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-07-09. The firm is focused on two highly prospective lithium projects where proven systematic lithium exploration has generated several high priority drill-ready targets: Lake Johnston Lithium Project and Bynoe Lithium Project. The firm owns 100% of the Lake Johnston Lithium Project, which is located 450 kilometers (kms) east of Perth, Western Australia, in the central part of Yilgarn Lithium Province, which hosts the majority of Australia's Lithium Mineral Resources. The Bynoe Lithium Project covers approximately 63 square kilometers (km2), in a known lithium-enriched belt within the Litchfield Pegmatite Field, approximately 35 kms southwest of Darwin, Northern Territory, Australia. The Coates Nickel-copper-platinum group elements (Ni-Cu-PGE) Project is located around 65 kms east of Perth at Wundowie, Western Australia.

Key Statistics of Charger Metals NL (CHR.AX)

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

Today's Range

AUD0.09AUD0.09

Today's Open

AUD0.09

Volume

83.00K

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.16

Market Cap

8.18M

Avg. Volume

38.05K

Dividend Yield

Financial Metrics & Statements of Charger Metals NL (CHR.AX)

FAQ's for Charger Metals NL (CHR.AX)

According to Musaffa’s Shariah screening methodology, Charger Metals NL (CHR.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.