Is Far East Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Far East Gold Ltd (FEG.AX) is currently classified as HALAL as of April 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 Far East Gold 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 Far East Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Far East Gold Ltd?

Muslim investors may consider investing in Far East Gold 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 Far East Gold Ltd classified as HALAL?

Musaffa determines the Shariah status of Far East Gold 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 Far East Gold Ltd updated?

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

Can a halal stock like Far East Gold 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 Far East Gold Ltd?

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

FEG.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Far East Gold Ltd. Stock Analysis FEG.AX

Australia Materials Nano Cap Report: Q2, 2025

Far East Gold Ltd. operates as a copper and gold exploration company. The company is headquartered in Brisbane, Queensland. The company went IPO on 2022-03-28. Its projects include The Idenburg project, The Woyla Gold Project, The Trenggalek project, The Wonogiri Copper-Gold Project, The Blue Hill Creek project, and The Mount Clark West project. The Woyla Gold Project consists of an area of over 24,260 hectares (ha), which contains both epithermal gold-silver veins and potential copper-gold porphyry deposits. The Trenggalek project spans over 12,813 ha and is part of the Sunda Magmatic Arc, a region known for rich mineral deposits. The Trenggalek project is highly prospective for both epithermal and porphyry-related gold and copper deposits. The Wonogiri Copper-Gold Project is located in Central Java, Indonesia, which covers over 3,928 ha within the mineral-rich Sunda-Banda Arc, including the Randu Kuning deposit and surrounding areas with potential for resource expansion.

Key Statistics of Far East Gold Ltd (FEG.AX)

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

Today's Range

AUD0.10AUD0.11

Today's Open

AUD0.11

Volume

230.00K

P/E Ratio (TTM)

52 Week Range

AUD0.10AUD0.19

Market Cap

45.88M

Avg. Volume

13.01K

Dividend Yield

Financial Metrics & Statements of Far East Gold Ltd (FEG.AX)

FAQ's for Far East Gold Ltd (FEG.AX)

According to Musaffa’s Shariah screening methodology, Far East Gold Ltd (FEG.AX) is currently classified as HALAL as of April 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.