Is Castile Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Castile Resources Ltd (CST.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 Castile 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 Castile Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Castile Resources Ltd?

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

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

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

Can a halal stock like Castile 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 Castile Resources Ltd?

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

CST.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Castile Resources Ltd. Stock Analysis CST.AX

Australia Materials Nano Cap Report: Q2, 2025

Castile Resources Ltd. engages in the business of minerals exploration and project development. The company is headquartered in Leederville, Western Australia. The company went IPO on 2020-02-14. The firm owns the tenements within the Rover Mineral Field southwest of Tennant Creek and the Warumpi Tenements in the West Arunta of the Northern Territory. The flagship asset of the Company is the Rover 1 Project situated within the Rover Mineral Field which is a ready-made pre-development. The deposit is a high-grade Iron Oxide Copper Gold polymetallic asset typical of the Tennant Creek goldfields. The Rover 1 Project also contains critical minerals bismuth and cobalt as well as magnetite. The 100% owned Rover Project is located 80 km southwest of the township of Tennant Creek in the Northern Territory. The total tenement area is approximately 1,054 km2, covering a significant proportion of the Rover Mineral Field. The Warumpi Project is located approximately 300 km west of Alice Springs and 500 km southwest of the Rover Project. The total tenement area is approximately 800 km2.

Key Statistics of Castile Resources Ltd (CST.AX)

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

Today's Range

AUD0.10AUD0.10

Today's Open

AUD0.10

Volume

1.19M

P/E Ratio (TTM)

52 Week Range

AUD0.05AUD0.15

Market Cap

35.54M

Avg. Volume

48.33K

Dividend Yield

Financial Metrics & Statements of Castile Resources Ltd (CST.AX)

FAQ's for Castile Resources Ltd (CST.AX)

According to Musaffa’s Shariah screening methodology, Castile Resources Ltd (CST.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.