Is First Au Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, First Au Ltd (FAU.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 First Au 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 First Au Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of First Au Ltd?

Muslim investors may consider investing in First Au 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 First Au Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of First Au 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 First Au Ltd updated?

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

Can a halal stock like First Au 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 First Au Ltd?

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

FAU.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2024 Annual Report

First Au Ltd. Stock Analysis FAU.AX

Australia Materials Nano Cap Report: 2024 Annual

First AU Ltd. engages in the business of exploring gold and base metals at interests in mining tenements. The company is headquartered in Melbourne, Victoria. The principal activity of the Company is exploration for gold and other metals in its interests in mining tenements located in Western Australia, Victoria, Australia and Liberia and West Africa. The company is engaged in pursuing exploration programs at its Victorian Goldfields Project in East Gippsland and its 100% owned Gimlet Gold project near Kalgoorlie. The Victorian Gold Project is located in the Gippsland region, which is in the historic mining area of Swifts Creek and is focused on the Haunted Stream and Snowstorm Projects. The Company’s Gimlet Gold Project is located approximately 15 km northwest of Kalgoorlie, Western Australia and comprises two titles, exploration license (E) 26/174, area 4.37 square kilometers and Mining Lease (M) 26/849, area 520.73 hectares. Its Nimba Gold Project is located in the West African Craton and encompasses over 831.09 km of tenement package in northern Liberia.

Key Statistics of First Au Ltd (FAU.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

996.18K

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.02

Market Cap

34.33M

Avg. Volume

2.24M

Dividend Yield

Financial Metrics & Statements of First Au Ltd (FAU.AX)

FAQ's for First Au Ltd (FAU.AX)

According to Musaffa’s Shariah screening methodology, First Au Ltd (FAU.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.