As of August 2026, Exxaro Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Exxaro Resources Ltd. Stock Analysis EXXAF
United States Energy Mid Cap
Exxaro Resources Ltd. engages in the provision of mineral exploration. The company is headquartered in Centurion, Gauteng and currently employs 7,580 full-time employees. The company went IPO on 2006-11-20. The Company’s business includes minerals and renewable energy. The firm is a manganese producer with its interest in Tshipi Borwa mine, a manganese mine in South Africa's Kalahari Manganese Field. The firm's mineral properties include Grootegeluk, Matla, Belfast, Leeuwpan and Mafube (50% ownership). Its renewable energy business includes Tsitsikamma Community Windfarm (TCWF) and Amakhala Emoyeni Windfarm (AE01). The Grootegeluk is situated approximately 20 km from Lephalale in South Africa’s Limpopo province (open pit mine). The Matla is situated some 20 km west of Kriel in Mpumalanga, South Africa. The Belfast Coal mine is situated in the Mpumalanga province, 55 km East of Middelburg and 20 km South-West of Belfast. The Leeuwpan is located approximately 80 km southeast of Pretoria in South Africa’s Mpumalanga province. The Mafube mining complex is a 50/50 joint operation.
Exxaro Resources Ltd (EXXAF) Chart
Financial Metrics & Statements of Exxaro Resources Ltd (EXXAF)
FAQ's for Exxaro Resources Ltd (EXXAF)
As of August 2026, Exxaro Resources Ltd EXXAF 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 Exxaro Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Exxaro 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 Exxaro 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 Exxaro 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 Exxaro 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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