Is G11 Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, G11 Resources Ltd (G11.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 G11 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 G11 Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of G11 Resources Ltd?

Muslim investors may consider investing in G11 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 G11 Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of G11 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 G11 Resources Ltd updated?

The Shariah compliance status of G11 Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like G11 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 G11 Resources Ltd?

You can check the latest Shariah compliance status of G11 Resources Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

G11.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

G11 Resources Ltd. Stock Analysis G11.AX

Australia Materials Nano Cap Report: Q2, 2025

G11 Resources Ltd. engages in the exploration of mineral resources. The company is headquartered in Melbourne, Victoria. The company went IPO on 2010-08-05. Its projects include Koonenberry Project, Packsaddle, NW Cobar Project, and Sedgwick Bluff. Its Koonenberry Project is located approximately 80 kilometers (km) east of Broken Hill, New South Wales and covers an area of 3,300 square km, located within the Koonenberry Belt. The area is prospective for copper, gold, lead, silver, and other base metals. Koonenberry Project includes four distinct corridors: The Wilandra Corridor, The Cymbric Vale Corridor, The Wertago Corridor and The Bilpa Corridor. The Sedgwick Bluff Copper/Gold project is located along the strike of the Mount (Mt) Lyell copper-gold mine in the Mt Read Volcanic belt in Tasmania. The Packsaddle Gold/Copper (Au/Cu) project includes the untested Kings Hill anomaly in the Thomson Orogen of NW New South Wales targeting intrusive-related Cu/Au (IRCG) and Orogenic Au. The NW Cobar Copper project is targeting Cobar style base metal deposits.

Key Statistics of G11 Resources Ltd (G11.AX)

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

Today's Range

AUD0.31AUD0.31

Today's Open

AUD0.31

Volume

65.38K

P/E Ratio (TTM)

52 Week Range

AUD0.12AUD2.10

Market Cap

49.29M

Avg. Volume

822.71K

Dividend Yield

Financial Metrics & Statements of G11 Resources Ltd (G11.AX)

FAQ's for G11 Resources Ltd (G11.AX)

According to Musaffa’s Shariah screening methodology, G11 Resources Ltd (G11.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.