Is Greenwing Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Greenwing Resources Ltd (GW1.AX) is currently classified as 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 Greenwing 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 Greenwing Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Greenwing Resources Ltd?

Muslim investors may consider investing in Greenwing 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 Greenwing Resources Ltd classified as HALAL?

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

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

Can a halal stock like Greenwing 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 Greenwing Resources Ltd?

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

GW1.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Greenwing Resources Ltd (GW1.AX)

Based on 7 analysts giving stock ratings to Greenwing Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Greenwing Resources Ltd. Stock Analysis GW1.AX

Australia Materials Nano Cap Report: Q2, 2025

Greenwing Resources Ltd. engages in the business of exploring, developing, and maintaining activities related to graphite mine and exploring other assets. The company is headquartered in Brisbane, Queensland. The company went IPO on 2005-10-20. The firm operating segments include Graphite mining, and Exploration-Lithium. Its projects include Graphmada Graphite Mining Complex, San Jorge Lithium Project, and Millie’s Reward Lithium Project. The San Jorge Lithium Project located in Argentina's prolific Lithium Triangle. The San Jorge Project consists of approximately 15 granted exploration licenses (ELs) covering 36,600 hectares, inclusive of the San Francisco Salar. The Graphmada Graphite Mining Complex project is located three kilometers off the national highway and approximately 120 kilometers (km) from the port of Tamatave. Millie’s Reward Lithium project has over 200 multiple pegmatite surface occurrences spread across a 10km strike. The company also owns the Que River Polymetallic Project in Tasmania. Its subsidiaries include Graphmada Mauritius, Graphmada SARL, Critical Minerals Technologies Pty Ltd, and others.

Key Statistics of Greenwing Resources Ltd (GW1.AX)

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

Today's Range

AUD0.06AUD0.06

Today's Open

AUD0.06

Volume

601.77K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.08

Market Cap

34.60M

Avg. Volume

99.55K

Dividend Yield

Financial Metrics & Statements of Greenwing Resources Ltd (GW1.AX)

FAQ's for Greenwing Resources Ltd (GW1.AX)

According to Musaffa’s Shariah screening methodology, Greenwing Resources Ltd (GW1.AX) is currently classified as 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.