Is Heavy Rare Earths Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Heavy Rare Earths Ltd (HRE.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 Heavy Rare Earths 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 Heavy Rare Earths Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Heavy Rare Earths Ltd?

Muslim investors may consider investing in Heavy Rare Earths 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 Heavy Rare Earths Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Heavy Rare Earths 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 Heavy Rare Earths Ltd updated?

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

Can a halal stock like Heavy Rare Earths 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 Heavy Rare Earths Ltd?

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

HRE.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Heavy Rare Earths Ltd. Stock Analysis HRE.AX

Australia Materials Nano Cap Report: Q2, 2025

Heavy Rare Earths Ltd. engages in the evaluation and exploration of heavy rare earths and resources in Australia. The company is headquartered in Melbourne, Victoria. The company went IPO on 2022-08-24. Its key exploration project is the Cowalinya rare earth project, which is located 70 kilometers (km) south-east of Norseman and 110 km north-northeast of Esperance in Western Australia. The project comprises a 253 square kilometer (km2) tenement package (E63/1972, E63/2144, E63/2145). The Duke rare earth project is located 50 km north-west of Tennant Creek, 25 km west of the Stuart Highway, and on the Darwin-Adelaide rail line. The 100%-owned Merino rare earth project comprises two contiguous granted exploration licenses, E59/2795 and E59/2796 (269 km2) in the Mid-West region, approximately 225 km east-northeast of the port city of Geraldton. Its Perenjori rare earth project comprises two contiguous granted exploration licenses, E70/6397 and E70/6398 (329 km2), in the Mid-West region. The company owns an 80% interest in the uranium rights within the Radium Hill, Lake Namba-Billeroo, and Prospect Hill project areas.

Key Statistics of Heavy Rare Earths Ltd (HRE.AX)

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

Today's Range

AUD0.02AUD0.03

Today's Open

AUD0.03

Volume

526.21K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.07

Market Cap

5.62M

Avg. Volume

110.35K

Dividend Yield

Financial Metrics & Statements of Heavy Rare Earths Ltd (HRE.AX)

FAQ's for Heavy Rare Earths Ltd (HRE.AX)

According to Musaffa’s Shariah screening methodology, Heavy Rare Earths Ltd (HRE.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.