Cokal Ltd CKALF
$0.06
Last Updated: Jun 05, 12:00 AM·OOTC
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CKALF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Cokal Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Cokal Ltd. Stock Analysis CKALF
United States Materials Nano Cap Cokal Ltd. engages in the identification and development of coal. The company is headquartered in Sydney, New South Wales. The company went IPO on 2000-04-17. The firm is focused on the identification and development of coal projects within the highly prospective Central Kalimantan coking coal basin in Indonesia. Its projects include Bumi Barito Mineral (BBM), Tambang Benua Alam Raya (TBAR), Borneo Bara Prima (BBP), and Anugerah Alam Katingan (AAK). The company owns 60% of the Bumi Barito Mineral (BBM) project located in the Central Kalimantan Province of Indonesia with multiple seams of metallurgical coal. The permit covers an area of over 14,980 hectares (ha) within the highly prospective Central Kalimantan coking coal basin, adjacent to Indomet’s extensive coking coal tenements. The BBP project is located in the North Barito Basin and covers over 13,050 ha. BBP is directly adjacent to the Maruwai Coal Project, which hosts the Lampunut coking coal deposit in the Batu Ayau Formation. The firm's AAK project is located in the North Barito Basin.
Cokal Ltd (CKALF) Chart
Financial Metrics & Statements of Cokal Ltd (CKALF)
FAQ's for Cokal Ltd (CKALF)
- As of August 2026, Cokal Ltd CKALF 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 Cokal Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Cokal 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 Cokal 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 Cokal 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 Cokal Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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