Is LCL Resources Ltd halal to invest in?

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

Can Muslims buy shares of LCL Resources Ltd?

Muslim investors may consider investing in LCL 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 LCL Resources Ltd classified as HALAL?

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

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

Can a halal stock like LCL 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 LCL Resources Ltd?

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

LCL.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 30, 2025

Report Source: 2024 Annual Report

Analyst's Ratings for LCL Resources Ltd (LCL.AX)

Based on 5 analysts giving stock ratings to LCL Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

LCL Resources Ltd. Stock Analysis LCL.AX

Australia Materials Nano Cap Report: 2024 Annual

LCL Resources Ltd. engages in mineral exploration and mining. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-05-18. The firm is a gold/copper/nickel explorer with multiple assets in Papua New Guinea (PNG) and the mid-Cauca Gold Belt of Colombia. The Company’s segments include Mineral Exploration Colombia and Mineral Exploration Papua New Guinea. The company holds approximately 3890 square kilometers (Km2) of exploration titles in five regions of Papua New Guinea prospective for copper, gold, and nickel. The firm also holds position within the Quinchia region of the Mid-Cauca Gold Belt of Colombia. The firm is actively exploring in PNG while the 100% owned, 10,500 hectares (ha) Quinchia Gold Project in Colombia progresses through early-stage feasibility related studies. Its Quinchia Gold Project is located in central west Colombia, 100 kilometers (km) south of Medellin, in the department of Risaralda. Its Ono project consists of Kusi Target, which is prospective for high-grade gold skarn and copper/gold porphyry.

Key Statistics of LCL Resources Ltd (LCL.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

3.88M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.01

Market Cap

9.61M

Avg. Volume

67.43K

Dividend Yield

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

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

According to Musaffa’s Shariah screening methodology, LCL Resources Ltd (LCL.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.