Is Fitzroy River Corp Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Fitzroy River Corp Ltd (FZR.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 Fitzroy River Corp 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 Fitzroy River Corp Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Fitzroy River Corp Ltd?

Muslim investors may consider investing in Fitzroy River Corp 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 Fitzroy River Corp Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Fitzroy River Corp 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 Fitzroy River Corp Ltd updated?

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

Can a halal stock like Fitzroy River Corp 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 Fitzroy River Corp Ltd?

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

FZR.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Fitzroy River Corp Ltd. Stock Analysis FZR.AX

Australia Energy Nano Cap Report: Q2, 2025

Fitzroy River Corp. Ltd. is an oil and gas and minerals investment holding company. Its investments comprise royalty agreements centered around oil and gas production in the onshore Canning Basin in far northwestern Australia and in the Bass Strait. The company also holds several hard rock royalties in Australia and New Zealand. Its Snowy River Gold Project is located near Reefton, on the West Coast of the South Island of New Zealand. Its Bowdens Silver Project is located in New South Wales, over 26 kilometers (km) east of Mudgee. The company holds 1% of a 2.5% hydrocarbon royalty in the Gippsland Basin. Its Buru has a royalty interest in the Canning Basin and the Lennard Shelf through two royalty agreements: Lennard Shelf Royalty Agreement and Canning Basin Royalty Deed. Its Sams Creek Gold Project is located 140km north-east of Reefton and 100km north-east of Lyell on the South Island of New Zealand.

Key Statistics of Fitzroy River Corp Ltd (FZR.AX)

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

Today's Range

AUD0.17AUD0.17

Today's Open

AUD0.17

Volume

7190.00

P/E Ratio (TTM)

52 Week Range

AUD0.14AUD0.18

Market Cap

17.81M

Avg. Volume

1.21M

Dividend Yield

0.02%

Financial Metrics & Statements of Fitzroy River Corp Ltd (FZR.AX)

FAQ's for Fitzroy River Corp Ltd (FZR.AX)

According to Musaffa’s Shariah screening methodology, Fitzroy River Corp Ltd (FZR.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.