No. As of October 2026, Citius Resources PLC (CRES.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Citius Resources PLC does not pass Musaffa's business and financial screening criteria.
Citius Resources Plc operates as a dormant company, which was formed to undertake an acquisition of a target company or business. The firm is formed to undertake an acquisition of a target company or business in the natural resources sector. The company also focuses on acquiring an exploration or production company or business in the natural resources sector with operations in precious and base metals in Europe, Africa, and the Middle East.
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Citius Resources PLC CRES.L
£1.65
Last Updated: May 12, 12:00 AM·LSE
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CRES.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Citius Resources PLC is classified as not halal.
NOT HALAL
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FAQ's for Citius Resources PLC (CRES.L)
As of October 2026, Citius Resources PLC CRES.L 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 Citius Resources PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Citius Resources PLC 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 Citius Resources PLC 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 Citius Resources PLC 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 Citius Resources PLC 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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