Is Lord Resources Ltd halal to invest in?

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

Can Muslims buy shares of Lord Resources Ltd?

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

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

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

Can a halal stock like Lord 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 Lord Resources Ltd?

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

LRD.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 04, 2025

Report Source: 2025 2nd Quarter Report

Lord Resources Ltd. Stock Analysis LRD.AX

Australia Materials Nano Cap Report: Q2, 2025

Lord Resources Ltd. develops, produces, and explores mineral projects. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-04-07. Its projects provide exposure to copper, gold and lithium. Its projects include Ilgarari Copper project, Horse Rocks project, Jingjing project, Cambridge Project, Jarama project, and Gabyon project. The Ilgarari Copper project is located over 110 kilometers (km) south of Newman, off the Great Northern Highway in Western Australia. The Horse Rocks project is located over 20 km south of Coolgardie in western Australia’s Eastern Goldfields and comprises a 23.8 square kilometers (km2) exploration license (E15/1770). The Gabyon Project comprises a single granted exploration and is located over 400 km north of Perth and 10 km west of Yalgoo in the Murchison Domain of the Yilgarn Craton. The Jarama Project comprises a single granted exploration license (E59/2501) covering an area of over 18 km2. The Jingjing project has two exploration licenses located within the Eastern Goldfields Province of the Archaean Yilgarn Craton.

Key Statistics of Lord Resources Ltd (LRD.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

20.47K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.06

Market Cap

3.19M

Avg. Volume

101.32K

Dividend Yield

Financial Metrics & Statements of Lord Resources Ltd (LRD.AX)

FAQ's for Lord Resources Ltd (LRD.AX)

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