Is Kula Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kula Gold Ltd (KGD.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 Kula Gold 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 Kula Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kula Gold Ltd?

Muslim investors may consider investing in Kula Gold 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 Kula Gold Ltd classified as HALAL?

Musaffa determines the Shariah status of Kula Gold 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 Kula Gold Ltd updated?

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

Can a halal stock like Kula Gold 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 Kula Gold Ltd?

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

KGD.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2025

Report Source: 2024 Annual Report

Kula Gold Ltd. Stock Analysis KGD.AX

Australia Materials Micro Cap Report: 2024 Annual

Kula Gold Ltd. is a gold exploration company, which engages in the exploration and development of gold mines. The company is headquartered in Perth, Western Australia. The company went IPO on 2010-11-16. The Company’s projects include Mt Palmer Gold Mine - Historic Mine, Wozi Niobium Project - Malawi, Southern Cross Region, Brunswick, Kirup, and Lake Rebecca. The firm has key gold projects in the Southern Cross Region - featuring the historic high-grade Mt Palmer Gold Mine near Marvel Loch, and the Kirup and Brunswick regions of Western Australia. The Company’s Wozi Niobium Project is in Malawi, 225 kilometers (km) north of the capital Lilongwe. The exploration license EL0822/24 covers a total area of around 5.52 square kilometers (km2) of igneous and metamorphic rocks of the Precambrian to Lower Palaeozoic Basement of the Mozambique Orogenic Belt. The Company’s Southern Cross Region projects include Mt Palmer Gold Mine, Marvel Loch, Taliah Nadia Sasha, and Boomerang Kaolin. The Brunswick Lithium Project is located between the towns of Donnybrook and Brunswick Junction, 150 km south of Perth, Western Australia.

Key Statistics of Kula Gold Ltd (KGD.AX)

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

Today's Range

AUD0.07AUD0.08

Today's Open

AUD0.08

Volume

937.18K

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.09

Market Cap

96.03M

Avg. Volume

1.66M

Dividend Yield

Financial Metrics & Statements of Kula Gold Ltd (KGD.AX)

FAQ's for Kula Gold Ltd (KGD.AX)

According to Musaffa’s Shariah screening methodology, Kula Gold Ltd (KGD.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.