Is First Lithium Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, First Lithium Ltd (FL1.AX) is currently classified as 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 First Lithium 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 First Lithium Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of First Lithium Ltd?

Muslim investors may consider investing in First Lithium 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 First Lithium Ltd classified as HALAL?

Musaffa determines the Shariah status of First Lithium 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 First Lithium Ltd updated?

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

Can a halal stock like First Lithium 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 First Lithium Ltd?

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

FL1.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

First Lithium Ltd. Stock Analysis FL1.AX

Australia Materials Nano Cap Report: Q2, 2025

First Lithium Ltd. engages in the exploration and development of mineral properties. The company is headquartered in Melbourne, Victoria. The company went IPO on 2000-02-21. The firm is focused on pioneering projects, including Blakala and Faraba in Mali. Its Mali Lithium Project is made up of two permits covering a combined area of 175 square kilometers (km2) in the Sikasso region of Mali, West Africa. Its Faraba and Gouna permits comprising the Mali Lithium Project cover a combined area of 175 km2 in the Sikasso region of Mali, West Africa, about 200 kilometers South-East of Mali's Capital-Bamako. The Faraba permit is located near Toula village, 10 kilometers from Bougouni town and easily accessible from the National Highway RN7 which links to Bamako. The Gouna permit is located in the southern Mali region of Sikasso. The Blakala and Gouna blocks collectively form the Gouna permit and are both accessible through all-weather bitumen roads through Bougouni town (RN7).

Key Statistics of First Lithium Ltd (FL1.AX)

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

Today's Range

AUD0.14AUD0.14

Today's Open

AUD0.14

Volume

8340.00

P/E Ratio (TTM)

52 Week Range

AUD0.07AUD0.24

Market Cap

15.21M

Avg. Volume

20.17K

Dividend Yield

Financial Metrics & Statements of First Lithium Ltd (FL1.AX)

FAQ's for First Lithium Ltd (FL1.AX)

According to Musaffa’s Shariah screening methodology, First Lithium Ltd (FL1.AX) is currently classified as 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.