Is Manuka Resources Ltd halal to invest in?

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

Can Muslims buy shares of Manuka Resources Ltd?

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

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

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

Can a halal stock like Manuka 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 Manuka Resources Ltd?

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

MKR.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Manuka Resources Ltd. Stock Analysis MKR.AX

Australia Materials Micro Cap Report: Q2, 2025

Manuka Resources Ltd. is a mining company, which engages in mining and exploration of gold and silver in Australia. The firm's principal activities include mine development, mining and processing of silver, gold and exploration activities. Its segments include Exploration - Australia, Exploration - New Zealand, and Operations. Exploration - Australia segment is engaged in exploration of existing gold and silver leases and exploration leases at Wonawinta and Mt Boppy projects. Exploration - New Zealand is engaged in exploration of acquired mining and exploration leases at the Taranaki VTM Project (New Zealand). Its Operations segment includes appraisal, development and processing of gold and silver deposits. Its 100% owned Taranaki VTM (vanadium titanomagnetite) iron sands Project is located over 22 kilometers (km) to 36 km offshore in New Zealand’s Exclusive Economic Zone. Its Mt Boppy gold project is located over 43 km east of Cobar. Its Wonawinta Silver and Base Metals Project is in the Cobar Basin, New South Wales.

Key Statistics of Manuka Resources Ltd (MKR.AX)

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

Today's Range

AUD0.11AUD0.13

Today's Open

AUD0.12

Volume

40.42M

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.23

Market Cap

132.10M

Avg. Volume

88.96K

Dividend Yield

Financial Metrics & Statements of Manuka Resources Ltd (MKR.AX)

FAQ's for Manuka Resources Ltd (MKR.AX)

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