Is Nagambie Resources Ltd halal to invest in?

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

Can Muslims buy shares of Nagambie Resources Ltd?

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

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

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

Can a halal stock like Nagambie 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 Nagambie Resources Ltd?

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

NAG.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Nagambie Resources Ltd. Stock Analysis NAG.AX

Australia Materials Nano Cap Report: Q2, 2025

Nagambie Resources Ltd. engages in the exploration for, and development of gold, associated minerals, and construction materials. The firm is engaged in exploration for, and development of, gold, associated minerals including antimony, and construction materials in Australia, and the investigation and development of waste handling assets. The company is focused targeting epizonal-style, high-grade antimony and gold mineralization of contiguous tenement holding in the Waranga Domain of the Melbourne Structural Zone in northern central Victoria, Australia. Its flagship project is the Nagambie Antimony-Gold Project, which sits in proximity to the gold-antimony mines at Fosterville (Agnico Eagle) and Costerfield (Mandalay Resources). The company also holds interest in Whroo Goldfields Project, Nagambie Joint Venture, and Nagambie Resources tenements. Its Whroo Goldfields Project is located approximately 130 kilometers north of Melbourne and is comprised of seven tenements that are highly prospective for epizonal gold-antimony mineralization.

Key Statistics of Nagambie Resources Ltd (NAG.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

141.59K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.02

Market Cap

13.88M

Avg. Volume

648.68K

Dividend Yield

Financial Metrics & Statements of Nagambie Resources Ltd (NAG.AX)

FAQ's for Nagambie Resources Ltd (NAG.AX)

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