No. As of October 2026, Krakatoa Resources Ltd (KTA.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Krakatoa Resources Ltd does not pass Musaffa's business and financial screening criteria.
Krakatoa Resources Ltd. is engaged in the acquisition and exploration of precious and base metal projects. The company is headquartered in Perth, Western Australia. The company went IPO on 2012-12-28. Its projects include Mt Clere Rare Earth Project, King Tamba Speciality Metals Project, Belgravia Porphyry Project, Turon Gold Project, Rand Gold Project and Mac Well Project. The Mt Clere Rare Earth Project is located approximately 200 kilometers (km) northwest of Meekatharra. Belgravia Porphyry Project is located in the central division of the Molong Volcanic Belt (MVB) and covers an area of over 80 square kilometers (km2) located in the tier 1 mining jurisdiction of the Lachlan Fold Belt, New South Wales, Australia. The Turon Project covers 120 km2 and is positioned approximately 50km east of the Company’s Belgravia Project and 60km northeast of Newcrest Mining’s Cadia Valley Mine in the central tableland region, NSW. The Rand Gold Project covers a substantial area of 580 km2 in the Central Lachlan Fold Belt, New South Wales.
Krakatoa Resources Ltd KTA.AX
AUD0.01
Last Updated: Oct 09, 12:00 AM·ASX
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KTA.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Krakatoa Resources Ltd is classified as not halal.
NOT HALAL
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FAQ's for Krakatoa Resources Ltd (KTA.AX)
As of October 2026, Krakatoa Resources Ltd KTA.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 Krakatoa Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Krakatoa 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 Krakatoa 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 Krakatoa 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 Krakatoa 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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