Is Galileo Resources PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Galileo Resources PLC (GLR.L) is currently classified as DOUBTFUL as of January 2026. 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 Galileo Resources PLC 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 Galileo Resources PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Galileo Resources PLC?

Muslim investors may consider investing in Galileo Resources PLC 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 Galileo Resources PLC classified as DOUBTFUL?

Musaffa determines the Shariah status of Galileo Resources PLC 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 Galileo Resources PLC updated?

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

Can a halal stock like Galileo Resources PLC 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 Galileo Resources PLC?

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

Galileo Resources PLC GLR.L

GBX0.79

Last Updated: May 15, 12:00 AM·LSE

GLR.L Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: January 22, 2026

Report Source: 2026 2nd Quarter Report

Galileo Resources PLC. Stock Analysis GLR.L

United Kingdom Materials Nano Cap Report: Q2, 2026

Galileo Resources Plc engages in the exploration and development of copper, phosphate, and gold-copper. The Company’s projects include the Luansobe Copper Project, Shinganda Copper and Gold Project, Western Foreland Copper Project, Kashitu Zinc Project, Kamativi Lithium and Bulawayo Gold Projects, Kalahari Copper Belt Project, and Ferber Copper-Gold Project. The firm holds a 75% interest in the Luansobe Project. The Luansobe area is situated over 15 kilometers (km) to the northwest of Mufulira Mine in the Zambian Copperbelt. Kamativi Lithium Project covers over 520 square kilometers (km2) and lies on the Kamativi Belt. Bulawayo Gold Project over 1,300 km2 license area near Bulawayo. The Kashitu is situated over seven km south-east from the historical Kabwe Zinc and Lead mine and processing plant, and immediately adjacent to and south of the town of Kabwe, in Zambia which is 140 km north of the capital Lusaka. The Shinganda Project is prospective for Iron Oxide Copper Gold mineralization.

Key Statistics of Galileo Resources PLC (GLR.L)

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

Today's Range

GBX0.75GBX0.82

Today's Open

GBX0.79

Volume

231.50K

P/E Ratio (TTM)

6.55

52 Week Range

GBX0.69GBX1.20

Market Cap

1.07B

Avg. Volume

2.14M

Dividend Yield

Financial Metrics & Statements of Galileo Resources PLC (GLR.L)

FAQ's for Galileo Resources PLC (GLR.L)

According to Musaffa’s Shariah screening methodology, Galileo Resources PLC (GLR.L) is currently classified as DOUBTFUL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.