Is King River Resources Ltd halal to invest in?

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

Can Muslims buy shares of King River Resources Ltd?

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

Musaffa determines the Shariah status of King River 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 King River Resources Ltd updated?

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

Can a halal stock like King River 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 King River Resources Ltd?

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

KRR.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

King River Resources Ltd. Stock Analysis KRR.AX

Australia Materials Nano Cap Report: Q2, 2025

The company is headquartered in Perth, Western Australia. The company went IPO on 2007-09-21.

Key Statistics of King River Resources Ltd (KRR.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

AUD0.02

Volume

432.31K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.05

Market Cap

36.59M

Avg. Volume

1.03M

Dividend Yield

Financial Metrics & Statements of King River Resources Ltd (KRR.AX)

FAQ's for King River Resources Ltd (KRR.AX)

According to Musaffa’s Shariah screening methodology, King River Resources Ltd (KRR.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.