Is Fenix Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Fenix Resources Ltd (FEX.AX) is currently classified as NOT HALAL as of October 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 Fenix Resources 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 Fenix Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Fenix Resources Ltd?

Muslim investors may consider investing in Fenix 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.

Why is Fenix Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Fenix Resources 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 Fenix Resources Ltd updated?

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

Can a halal stock like Fenix Resources 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 Fenix Resources Ltd?

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

FEX.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 17, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Fenix Resources Ltd (FEX.AX)

Based on 5 analysts giving stock ratings to Fenix Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Fenix Resources Ltd. Stock Analysis FEX.AX

Australia Materials Micro Cap Report: 2025 Annual

Fenix Resources Ltd. is a mineral exploration company. The company is headquartered in Perth, Western Australia. The company went IPO on 2008-08-04. The Company’s flagship Iron Ridge Iron Ore Mine is a high-grade direct shipping iron ore operation located approximately 360 km northeast of Geraldton. Its segments include Mining, Haulage and Port Services. Its iron ore products are transported by road to Geraldton using its Fenix-Newhaul haulage and logistics business. Its Newhaul Port Logistics business operates its own loading and storage facilities at the Geraldton Port. Its diversified mid-west iron ore, port and rail asset base includes Iron Ridge mine, the Beebyn W11 Deposit, the Shine Iron Ore Mine, the Newhaul Road Logistics haulage business, which owns and operates a road haulage fleet, two rail sidings at Ruvidini and Perenjori, as well as the Newhaul Port Services business that owns and operates three on-wharf bulk material storage sheds at Geraldton Port.

Key Statistics of Fenix Resources Ltd (FEX.AX)

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

Today's Range

AUD0.32AUD0.35

Today's Open

AUD0.35

Volume

2.30M

P/E Ratio (TTM)

48.21

52 Week Range

AUD0.27AUD0.56

Market Cap

244.79M

Avg. Volume

1.41M

Dividend Yield

2.85%

Financial Metrics & Statements of Fenix Resources Ltd (FEX.AX)

FAQ's for Fenix Resources Ltd (FEX.AX)

According to Musaffa’s Shariah screening methodology, Fenix Resources Ltd (FEX.AX) is currently classified as NOT HALAL as of October 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.