As of August 2026, First Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
First Resources Ltd. Stock Analysis FTROF
United States Consumer Staples Mid Cap
First Resources Ltd. is an investment holding company, which engages in the general trading and provision of technical assistance to its subsidiaries. The firm's business activities include cultivating oil palms, harvesting the fresh fruit bunches (FFB) and milling them into crude palm oil (CPO) and palm kernel (PK). The firm operates through two segments: Plantations and Palm Oil Mills and Refinery and Processing. The Plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and operation of palm oil mills. The Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants and other downstream processing facilities. The Company’s plantations are strategically located in the Riau, East and West Kalimantan provinces of Indonesia. Its products are sold to both the domestic and international markets, supplying palm oil refiners, traders, brokers and fast-moving consumer goods companies.
First Resources Ltd (FTROF) Chart
Financial Metrics & Statements of First Resources Ltd (FTROF)
FAQ's for First Resources Ltd (FTROF)
As of August 2026, First Resources Ltd FTROF 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 First Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in First 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 First 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 First 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 First Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for First Resources Ltd (FTROF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.