Is GoldStone Resources Ltd halal to invest in?

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

Can Muslims buy shares of GoldStone Resources Ltd?

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

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

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

Can a halal stock like GoldStone 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 GoldStone Resources Ltd?

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

GoldStone Resources Ltd GRL.L

GBX0.82

Last Updated: May 15, 12:00 AM·LSE

GRL.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 04, 2025

Report Source: 2024 2nd Quarter Report

Analyst's Ratings for GoldStone Resources Ltd (GRL.L)

Based on 9 analysts giving stock ratings to GoldStone Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

GoldStone Resources Ltd. Stock Analysis GRL.L

United Kingdom Materials Nano Cap Report: Q2, 2024

GoldStone Resources Ltd. is an exploration and development company focused on the gold projects. The Company’s projects include Akrokeri Project and Homase Project. The firm holds a 100% interest in the Akrokeri Licence. The Licence is located approximately six Kilometers (km) along the strike from AngloGold Ashanti’s Obuasi Mine, which has a total historical and current resource in excess of 70M oz Au. The firm also holds a 90% interest in the Homase Licence. The Homase Open Pit is located approximately 12 Kilometers along the strike from AngloGold Ashanti’s Obuasi Mine which has a total historical and current resource in excess of 70M oz Au. The firm operates through two segments: Exploration, Evaluation and production and Corporate. The Exploration, Evaluation and production segment is presented as an aggregation of the Homase and Akrokeri licences (Ghana).

Key Statistics of GoldStone Resources Ltd (GRL.L)

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

Today's Range

GBX0.70GBX0.87

Today's Open

GBX0.82

Volume

449.07K

P/E Ratio (TTM)

52 Week Range

GBX0.25GBX1.80

Market Cap

994.37M

Avg. Volume

1.88M

Dividend Yield

Financial Metrics & Statements of GoldStone Resources Ltd (GRL.L)

FAQ's for GoldStone Resources Ltd (GRL.L)

According to Musaffa’s Shariah screening methodology, GoldStone Resources Ltd (GRL.L) 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.