Is Energy Resources Of Australia Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Energy Resources Of Australia Ltd (ERA.AX) is currently classified as NOT HALAL as of April 2026. 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 Energy Resources Of Australia 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 Energy Resources Of Australia Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Energy Resources Of Australia Ltd?

Muslim investors may consider investing in Energy Resources Of Australia 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 Energy Resources Of Australia Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Energy Resources Of Australia 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 Energy Resources Of Australia Ltd updated?

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

Can a halal stock like Energy Resources Of Australia 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 Energy Resources Of Australia Ltd?

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

ERA.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 24, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Energy Resources Of Australia Ltd (ERA.AX)

Based on 7 analysts giving stock ratings to Energy Resources Of Australia Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Energy Resources Of Australia Ltd. Stock Analysis ERA.AX

Australia Energy Small Cap Report: 2025 Annual

Energy Resources of Australia Ltd. engages in the sale of uranium oxide and site rehabilitation. The principal activities of the Company consist of site rehabilitation of the Ranger Project Area. The Company’s Ranger Mine area is located about eight kilometers (kms) east of Jabiru and approximately 260 kms east of Darwin, in Australia's Northern Territory. The company also holds title to the Jabiluka mineral lease. The Ranger Mine area and the Jabiluka mineral lease are located on Aboriginal land and are surrounded by, but separate from, the Kakadu National Park. The Ranger uranium mine lies approximately 79 square kilometers and is surrounded by, but separate from, the Kakadu National Park, which is located in the Northern Territory. The estimated mineral resource is approximately 137,100 tons of uranium oxide.

Key Statistics of Energy Resources Of Australia Ltd (ERA.AX)

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

Today's Range

AUD0.00AUD0.00

Today's Open

AUD0.00

Volume

1.39M

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.00

Market Cap

1.62B

Avg. Volume

5.76M

Dividend Yield

Financial Metrics & Statements of Energy Resources Of Australia Ltd (ERA.AX)

FAQ's for Energy Resources Of Australia Ltd (ERA.AX)

According to Musaffa’s Shariah screening methodology, Energy Resources Of Australia Ltd (ERA.AX) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.