Is Moonlight Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Moonlight Resources Ltd (ML8.AX) is currently classified as NOT COVERED as of May 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.

Is Moonlight 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 Moonlight Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Moonlight Resources Ltd?

Muslim investors may consider investing in Moonlight 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 Moonlight Resources Ltd classified as NOT COVERED?

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

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

Can a halal stock like Moonlight 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 Moonlight Resources Ltd?

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

Moonlight Resources Ltd. Stock Analysis ML8.AX

Australia Materials Nano Cap

Moonlight Resources Ltd. is a mineral exploration company, which engages in the development and exploration of gold, uranium, and rare earth elements. The company is headquartered in Sydney, New South Wales. The company went IPO on 2025-12-11. The Company’s projects include the Clermont Project, MacDonnell Ranges Project, Fox Hill REE Project, Moonlight Project (EL31214) and Drysdale Uranium Project. Clermont Project is located in Queensland, and it comprises EPM 17968 and EPM 28949 within the Anakie Inlier. The company hosts a gold mineralization system, including the Leo Grande deposit. The MacDonnell Ranges Project spans approximately 3,044 square kilometers (km2) in the Northern Territory, located in the Arunta Block, 120 kilometers West-Northwest of Alice Springs in the NT, and adjacent to the highly radioactive Teapot Granite Complex, an area known for high-grade uranium. Fox Hill REE Project is in NSW, comprised of 2 grants, EL9554, and EL9563, totaling 1,029 km2.

Key Statistics of Moonlight Resources Ltd (ML8.AX)

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

Today's Range

AUD0.17AUD0.17

Today's Open

AUD0.17

Volume

2862.00

P/E Ratio (TTM)

52 Week Range

AUD0.16AUD0.19

Market Cap

9.80M

Avg. Volume

Dividend Yield

Financial Metrics & Statements of Moonlight Resources Ltd (ML8.AX)

FAQ's for Moonlight Resources Ltd (ML8.AX)

According to Musaffa’s Shariah screening methodology, Moonlight Resources Ltd (ML8.AX) is currently classified as NOT COVERED as of May 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.