Is Flynn Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Flynn Gold Ltd (FG1.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 Flynn 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 Flynn Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Flynn Gold Ltd?

Muslim investors may consider investing in Flynn 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 Flynn Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Flynn 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 Flynn Gold Ltd updated?

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

Can a halal stock like Flynn 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 Flynn Gold Ltd?

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

FG1.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Flynn Gold Ltd. Stock Analysis FG1.AX

Australia Materials Nano Cap Report: Q2, 2025

Flynn Gold Ltd. is a mineral exploration company, which engages in gold exploration in Tasmania and Western Australia. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-06-17. The firm has a portfolio of 100% owned exploration projects in Tasmania and Western Australia (WA). The company has ten 100% owned tenements located in northeast Tasmania which are highly prospective for gold as well as tin/tungsten. The company also has the Henty zinc-lead-silver project on Tasmania’s mineral-rich west coast and the Firetower gold and critical metals project located in northern Tasmania. The company has a portfolio of gold-lithium exploration assets in the Pilbara region of Western Australia. In addition to its flagship Golden Ridge Project, the Company holds the Warrentinna (Gorge Creek) Gold/Tungsten Project in north-eastern Tasmania, and the Firetower Tungsten/Gold Project and Henty Silver-Lead Project in north-western Tasmania. The firm has two projects in the Pilbara – the Mt Dove Gold-Lithium Project and the Yarrie Project located in the east and south of Port Hedland.

Key Statistics of Flynn Gold Ltd (FG1.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

4401.00

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.04

Market Cap

15.22M

Avg. Volume

156.74K

Dividend Yield

Financial Metrics & Statements of Flynn Gold Ltd (FG1.AX)

FAQ's for Flynn Gold Ltd (FG1.AX)

According to Musaffa’s Shariah screening methodology, Flynn Gold Ltd (FG1.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.