Fenix Resources Ltd FEXRF
$0.20
Last Updated: Aug 07, 12:00 AM·OOTC
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FEXRF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Fenix Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Fenix Resources Ltd. Stock Analysis FEXRF
United States Materials Micro Cap 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.
Fenix Resources Ltd (FEXRF) Chart
Financial Metrics & Statements of Fenix Resources Ltd (FEXRF)
FAQ's for Fenix Resources Ltd (FEXRF)
- As of August 2026, Fenix Resources Ltd FEXRF 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 Fenix Resources Ltd using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of Fenix 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 Fenix 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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