Is Fin Resources Ltd halal to invest in?

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

Can Muslims buy shares of Fin Resources Ltd?

Muslim investors may consider investing in Fin 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 Fin Resources Ltd classified as NOT HALAL?

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

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

Can a halal stock like Fin 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 Fin Resources Ltd?

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

FIN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

Fin Resources Ltd. Stock Analysis FIN.AX

Australia Materials Nano Cap Report: Q2, 2025

Fin Resources Ltd. engages in the exploration and operation of oil and gas. The company is headquartered in Perth, Western Australia. The Mt Tremblant Lithium Projects is comprised of the Cancet West, Ross and the Gaspe Lithium Projects, which are 100% owned by the Company. The Mt Tremblant Lithium Projects cover a combined 190 square kilometers (km2) across underexplored, highly prospective areas in James Bay, Quebec. The Cancet West Lithium Project includes White Bear Lithium Discovery with a high-grade lithium results (6.85% Li2O & 6.50% Li2O). The Ross Lithium Project covers over 30 kilometers (km) strike length of underexplored greenstone belt located along strike to the east of the neighboring Whabouchi lithium deposit. Its projects also include McKenzie Springs Project and Sol Mar Project. The McKenzie Springs Project is a 100% owned Savannah style Nickel, Copper, Cobalt and platinum group metals (PGM) unencumbered exploration license.

Key Statistics of Fin Resources Ltd (FIN.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

6.75M

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.02

Market Cap

17.57M

Avg. Volume

83.35K

Dividend Yield

Financial Metrics & Statements of Fin Resources Ltd (FIN.AX)

FAQ's for Fin Resources Ltd (FIN.AX)

According to Musaffa’s Shariah screening methodology, Fin Resources Ltd (FIN.AX) is currently classified as NOT HALAL as of August 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.