Is KGL Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, KGL Resources Ltd (KGL.AX) is currently classified as NOT HALAL as of October 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 KGL 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 KGL Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of KGL Resources Ltd?

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

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

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

Can a halal stock like KGL 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 KGL Resources Ltd?

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

KGL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

KGL Resources Ltd. Stock Analysis KGL.AX

Australia Materials Micro Cap Report: 2025 Annual

KGL Resources Ltd. engages in the exploration of mineral properties. The company is headquartered in Brisbane, Queensland and currently employs 16 full-time employees. The company went IPO on 2005-03-17. The company is focused on developing and constructing the high-grade Jervois Copper Project mine in the Northern Territory, Australia. The Jervois Copper Project is located on existing mineral leases and benefits from road access to Darwin and Alice Springs by the Stuart and Plenty Highways, being 380km by road, east-north-east of Alice Springs. The firm also holds two exploration licenses at Yambah, 60km north and northeast of Alice Springs, because of the similarity of the style and age of the mineralization to Jervois, which is 150km to the east. The Yambah project is located in the Aileron Geological Province of the Arunta Region, part of the North Australian Craton. The firm also holds the Unca Creek tenement, which is adjacent to the Jervois Copper Project and Mount Cornish tenement which is located 20 km south of Jervois Project within the East Arunta Orogenic Domain.

Key Statistics of KGL Resources Ltd (KGL.AX)

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

Today's Range

AUD0.28AUD0.30

Today's Open

AUD0.30

Volume

306.21K

P/E Ratio (TTM)

52 Week Range

AUD0.08AUD0.38

Market Cap

242.99M

Avg. Volume

113.04K

Dividend Yield

Financial Metrics & Statements of KGL Resources Ltd (KGL.AX)

FAQ's for KGL Resources Ltd (KGL.AX)

According to Musaffa’s Shariah screening methodology, KGL Resources Ltd (KGL.AX) is currently classified as NOT HALAL as of October 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.