Is First Development Resources PLC halal to invest in?

According to Musaffa's Shariah screening methodology, First Development Resources PLC (FDR.L) is currently classified as NOT HALAL as of January 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 First Development Resources PLC 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 Development Resources PLC using these criteria to determine its compliance status.

Can Muslims buy shares of First Development Resources PLC?

Muslim investors may consider investing in First Development Resources PLC 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 Development Resources PLC classified as NOT HALAL?

Musaffa determines the Shariah status of First Development Resources PLC 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 Development Resources PLC updated?

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

Can a halal stock like First Development Resources PLC 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 Development Resources PLC?

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

First Development Resources PLC FDR.L

GBX2.68 GBX0.15 (5.30%) 1D

Last Updated: May 15, 12:00 AM·LSE

FDR.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 22, 2026

Report Source: 2025 Annual Report

First Development Resources PLC. Stock Analysis FDR.L

United Kingdom Materials Nano Cap Report: 2025 Annual

First Development Resources Plc is an exploration and development company focused on mineral assets in Australia. Through a concerted acquisition process, the Company has assembled a prospective mineral package within established mineral fields in Australia which offer the potential for polymetallic mineralization styles. The company owns three highly prospective copper-gold projects, namely Wallal, Ripon Hills, and Braeside West in the Paterson Province of mining-friendly Western Australia. In the Northern Territory, the Company has 100% ownership of the Selta Project. Selta is located in an area considered highly prospective for uranium and rare-earth element mineralization.

Key Statistics of First Development Resources PLC (FDR.L)

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

Today's Range

GBX2.58GBX2.98

Today's Open

GBX2.83

Volume

1.66M

P/E Ratio (TTM)

52 Week Range

GBX1.90GBX9.45

Market Cap

298.00M

Avg. Volume

740.78K

Dividend Yield

Financial Metrics & Statements of First Development Resources PLC (FDR.L)

FAQ's for First Development Resources PLC (FDR.L)

According to Musaffa’s Shariah screening methodology, First Development Resources PLC (FDR.L) is currently classified as NOT HALAL as of January 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.