No. As of September 2026, Koba Resources Ltd (KOB.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Koba Resources Ltd does not pass Musaffa's business and financial screening criteria.
Koba Resources Ltd. engages in the exploration of mineral resources. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2022-05-04. The Company’s projects include Yarramba Uranium Project, JB1 Lithium Project and Idaho Cobalt Belt Project. The Yarramba Project is located in South Australia and covers approximately 5,000 square kilometers (km2) which includes more than 250 kilometers (km) of highly prospective paleochannels. The Yarramba Project includes Oban Deposit, Berber Prospect, Chivas Prospect and others. The JB1 Lithium Project is located within Quebec’s prolific James Bay Lithium province. The firm has three projects in the Idaho Cobalt Belt, a 55 km long, northwest-trending, globally significant mining district in eastern-central Idaho in the United States characterized by high-grade resources. The company has the exclusive right to acquire 100% of two high-grade Tin-Tungsten Projects (Stannary Hills and Mt Garnet) located approximately 100 km southwest of Cairns in North Queensland.
Koba Resources Ltd KOB.AX
AUD0.03
Last Updated: Sep 14, 12:00 AM·ASX
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KOB.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Koba Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Koba Resources Ltd (KOB.AX) Chart
Financial Metrics & Statements of Koba Resources Ltd (KOB.AX)
FAQ's for Koba Resources Ltd (KOB.AX)
As of September 2026, Koba Resources Ltd KOB.AX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Koba Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Koba 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.
Musaffa determines the Shariah status of Koba Resources Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Koba Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Koba Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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