Is Carbine Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Carbine Resources Ltd (CRB.AX) is currently classified as NOT HALAL as of August 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 Carbine 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 Carbine Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Carbine Resources Ltd?

Muslim investors may consider investing in Carbine 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 Carbine Resources Ltd classified as NOT HALAL?

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

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

Can a halal stock like Carbine 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 Carbine Resources Ltd?

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

CRB.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 04, 2025

Report Source: 2024 Annual Report

Carbine Resources Ltd. Stock Analysis CRB.AX

Australia Materials Nano Cap Report: 2024 Annual

Carbine Resources Ltd. engages in the identification, acquisition, exploration, evaluation, and development of mineral deposits. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2007-03-16. Its projects include Muchea West Silica Sand Project and Down South Silica Sand Project. The Muchea West Project is located approximately 40 kilometers (km) north-northeast of Perth and approximately 500 meters (m) to the west of Muchea. The Muchea West Silica Sand Project covers a land area of approximately 102 square kilometers and consists of a single granted exploration license, E70/4905, and a Mining Licence Application, MLA70/1422. The firm holds 100% of the Bunbury Silica Sands Project which covers a land area of 5,800 hectares consisting of three granted exploration licences E70/5823, E70/6414 and E70/6415. The Silica Sands Project is located approximately 10km southeast of Bunbury in the Wellington Land Division of the Southwest Mineral Field. The firm's subsidiary is Australian United Silica Corporation Pty Ltd (Ausco).

Key Statistics of Carbine Resources Ltd (CRB.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

221.50K

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.01

Market Cap

7.15M

Avg. Volume

69.80K

Dividend Yield

Financial Metrics & Statements of Carbine Resources Ltd (CRB.AX)

FAQ's for Carbine Resources Ltd (CRB.AX)

According to Musaffa’s Shariah screening methodology, Carbine Resources Ltd (CRB.AX) is currently classified as NOT HALAL as of August 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.