Is Empire Resources Ltd halal to invest in?

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

Can Muslims buy shares of Empire Resources Ltd?

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

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

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

Can a halal stock like Empire 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 Empire Resources Ltd?

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

ERL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Empire Resources Ltd. Stock Analysis ERL.AX

Australia Materials Nano Cap Report: Q2, 2025

Empire Resources Ltd. engages in exploration, development, and mining for copper, gold and uranium. The company is headquartered in Nedlands, Western Australia. The company went IPO on 2007-02-01. The firm is engaged in mineral exploration and evaluation of properties in Australia. The firm owns four projects, such as Yuinmery Copper-Gold Project, Nanadie Well Copper Gold Project, Penny's Gold Project, and Barloweerie Project. The Yuinmery Copper-Gold Project has tenements, which cover an area of 106.7 square kilometers (km2), and straddle the Paynes Find-Sandstone Road 475 kilometers northeast of Perth and 80 kilometers south of Sandstone. The Nanadie Well Copper Gold Project partially overlies the Barrambie Greenstone Belt, which consists of a 1-4-kilometer-wide sequence of sheared chlorite-quartz-muscovite schists, amphibolites, banded iron formations (BIFs) and ultramafics. The Penny's Gold Project is located within the Gindalbie domain, a fault-bounded subdivision of the north-northwest trending Gindalbie greenstone belt of the Archean Yilgarn Craton.

Key Statistics of Empire Resources Ltd (ERL.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

200.00K

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.02

Market Cap

25.05M

Avg. Volume

316.93K

Dividend Yield

Financial Metrics & Statements of Empire Resources Ltd (ERL.AX)

FAQ's for Empire Resources Ltd (ERL.AX)

According to Musaffa’s Shariah screening methodology, Empire Resources Ltd (ERL.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.