No. As of September 2026, Errawarra Resources Ltd (ERW.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Errawarra Resources Ltd does not pass Musaffa's business and financial screening criteria.
Errawarra Resources Ltd. engages in the exploration of minerals. The company is headquartered in Perth, Western Australia. The company went IPO on 2020-12-14. The firm's projects include Binti Binti Project, Andover West Project, and Errabiddy Project. The Binti Binti Gold Project is located approximately 70 km north-east of Kalgoorlie and covers an area of approximately 116 square kilometers within the Kanowna Mineral Field. The Andover West Project is located approximately 30 km south-east of Karratha and is targeting mafic intrusions hosting nickel-copper mineralization. The Errabiddy project is located approximately 200 km north-west of Meekatharra, Western Australia on the north-eastern margin of the Yilgarn craton. The project tenements cover an area of about 1,000 square kilometers (km2) and comprises eight granted tenements, four of which are contiguous. Its other project includes Fraser Range, which is located approximately 30 kilometers (km) south-west of the operating Nova nickel-copper-cobalt mine.
Errawarra Resources Ltd ERW.AX
€0.17 €0.01 (5.56%) 1D
Last Updated: Oct 03, 12:00 AM·XFRA
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ERW.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Errawarra Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Errawarra Resources Ltd (ERW.AX) Chart
Financial Metrics & Statements of Errawarra Resources Ltd (ERW.AX)
FAQ's for Errawarra Resources Ltd (ERW.AX)
As of September 2026, Errawarra Resources Ltd ERW.AX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Errawarra Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Errawarra 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 Errawarra 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 Errawarra 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 Errawarra Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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