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DEV.AX Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: September 20, 2025
Report Source: 2025 Annual Report
DevEx Resources Ltd. Stock Analysis DEV.AX
Australia Materials Micro Cap Report: DevEx Resources Ltd. is an exploration company, which engages in mining of nickel, copper, and platinum group elements. The company is headquartered in Perth, Western Australia. The company went IPO on 2000-10-03. The firm is focused on uncovering the next uranium discovery in Australia. The company holds over 14,000 square kilometers (km2) of prospective ground in the uranium province in the Northern Territory, Australia. Its projects include Nabarlek Uranium Project, Murphy West Uranium Project and Kennedy Rare Earth Element (REE) Project. Its flagship Nabarlek Uranium Project holds over 6,200 km2 land position located on the north-western margin of the McArthur Basin within the Alligator Rivers Uranium Province in the Northern Territory. The Murphy West Uranium Project covers a province-scale over 10,000 km2 in the Northern Territory, Australia which lies along the prospective margin of the southern McArthur Basin and west of Laramide Resources’ Westmoreland Uranium Mineral Resource. The Kennedy REE Project is an advanced exploration project in North Queensland, Australia. Its other project includes the Jimblebar Project.
Read More DevEx Resources Ltd (DEV.AX) Chart
Key Statistics of DevEx Resources Ltd (DEV.AX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
AUD0.29Volume
4.73MP/E Ratio (TTM)
-52 Week Range
Market Cap
131.36MAvg. Volume
89.80KDividend Yield
-Financial Metrics & Statements of DevEx Resources Ltd (DEV.AX)
FAQ's for DevEx Resources Ltd (DEV.AX)
- According to Musaffa’s Shariah screening methodology, DevEx Resources Ltd (DEV.AX) is currently classified as NOT HALAL as of September 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes DevEx Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in DevEx 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.
- Musaffa determines the Shariah status of DevEx Resources 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 DevEx Resources 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 DevEx Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.