Is Infini Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Infini Resources Ltd (I88.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 Infini 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 Infini Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Infini Resources Ltd?

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

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

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

Can a halal stock like Infini 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 Infini Resources Ltd?

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

I88.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Infini Resources Ltd. Stock Analysis I88.AX

Australia Materials Nano Cap Report: Q2, 2025

Infini Resources Ltd. engages in the exploration of lithium and uranium. The firm has a diversified and prospective portfolio of assets that includes greenfield and more advanced brownfield projects. Its projects include Portland Creek Uranium Project, Tinco Project, Des Herbiers Project, Yeelirrie North Project, Paterson Lake Project, Valor Project, and others. The Portland Creek Project is in Newfoundland and Labrador, Canada, within an underexplored region prospective for uranium mineralisation. The Portland Creek Project covers about 328 square kilometers landholding with the Precambrian Long-Range Complex of western Newfoundland. The Tinco Project is focused on the exploration of uranium and niobium. Des Herbiers Project consists of about 66 non-contiguous claims totaling 36.25 square kilometers, located within the Grenville Province. The company also owns Reynolds Lake and Reitenbach Lake Uranium Projects.

Key Statistics of Infini Resources Ltd (I88.AX)

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

Today's Range

AUD0.16AUD0.18

Today's Open

AUD0.18

Volume

32.00K

P/E Ratio (TTM)

52 Week Range

AUD0.08AUD0.76

Market Cap

18.40M

Avg. Volume

38.04K

Dividend Yield

Financial Metrics & Statements of Infini Resources Ltd (I88.AX)

FAQ's for Infini Resources Ltd (I88.AX)

According to Musaffa’s Shariah screening methodology, Infini Resources Ltd (I88.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.