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MGX.AX Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: April 24, 2026
Report Source: 2026 2nd Quarter Report
MGX Resources Ltd. Stock Analysis MGX.AX
Australia Materials Micro Cap Report: The company is headquartered in Perth, Western Australia and currently employs 373 full-time employees.
Read More MGX Resources Ltd (MGX.AX) Chart
Key Statistics of MGX Resources Ltd (MGX.AX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
AUD0.35Volume
803.25KP/E Ratio (TTM)
-52 Week Range
Market Cap
407.25MAvg. Volume
525.24KDividend Yield
-Financial Metrics & Statements of MGX Resources Ltd (MGX.AX)
FAQ's for MGX Resources Ltd (MGX.AX)
- According to Musaffa’s Shariah screening methodology, MGX Resources Ltd (MGX.AX) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes MGX Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in MGX 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 MGX 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 MGX 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 MGX Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.