Is Diablo Resources Ltd halal to invest in?

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

Can Muslims buy shares of Diablo Resources Ltd?

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

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

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

Can a halal stock like Diablo 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 Diablo Resources Ltd?

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

DBO.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 04, 2025

Report Source: 2025 2nd Quarter Report

Diablo Resources Ltd. Stock Analysis DBO.AX

Australia Materials Nano Cap Report: Q2, 2025

Diablo Resources Ltd. focuses on providing further investment exposure to the gold and gold-copper assets. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-10-12. The principal activity of the Company is the exploration for gold, focusing on the Devil's Canyon Gold Project, King Solomon Gold Project, and Phoenix Copper Project in the United States. The Devil's Canyon Gold Project consists of about 90 claims covering approximately seven square kilometers lying 20 kilometers (km) west of the Kinross Bald Mountain Gold Mine in the prolific Carlin Gold Trend and 40 km north of the Ruby Hill Mine, Nevada. The King Solomon Project consists of about 272 claims (including two patents) covering an area of 20.23 square kilometers (km2). The Phoenix copper project consists of over 292 unpatented lode claims covering 5840 acres. The company also operates the Star Range Project, which is located 6 km west of the town of Milford in Beaver County, southwestern Utah, USA, and consists of 104 unpatented lode claims for 8.74 km2, consisting of two claim blocks, North Star and South Star Prospects.

Key Statistics of Diablo Resources Ltd (DBO.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

730.95K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.06

Market Cap

4.48M

Avg. Volume

4.14M

Dividend Yield

Financial Metrics & Statements of Diablo Resources Ltd (DBO.AX)

FAQ's for Diablo Resources Ltd (DBO.AX)

According to Musaffa’s Shariah screening methodology, Diablo Resources Ltd (DBO.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.