As of August 2026, Nelson Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nelson Resources Ltd. Stock Analysis NES.AX
Australia Materials Nano Cap
Nelson Resources Ltd. is a gold exploration company, which engages in the exploration and development of natural resources company. The company is headquartered in Perth, Western Australia. The company went IPO on 2017-12-07. Its projects include Woodline project, Fortnum project, Tempest project and Yarri Project. Woodline Project is located approximately 170 kilometers (km) South-East of Kalgoorlie and 110 km Northeast of Norseman. The project lies 320 km South-West of AngloGold Ashanti’s & IGO’s Tropicana Gold Mine. Fortnum Project is located 14 km South-West of the Fortnum Gold Mining center, in the Peak Hills mineral field. Tempest Project lies 250 km East-Southeast of Kalgoorlie and 230 km North-East of Norseman. Yarri Project lies 160km North-East of Kalgoorlie and is located 40km North of Saracen Minerals’ Carosue Dam Operations and nine km West of its Red October haul road. Yarri is comprised of three prospect licenses: Wallaby, Great Banjo and Gibberts. The firm applied for a circa 215 km2 exploration license covering the Lake Johnston Project.
Nelson Resources Ltd (NES.AX) Chart
Financial Metrics & Statements of Nelson Resources Ltd (NES.AX)
FAQ's for Nelson Resources Ltd (NES.AX)
As of August 2026, Nelson Resources Ltd NES.AX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nelson Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Nelson 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 Nelson 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 Nelson 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 Nelson Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Nelson Resources Ltd (NES.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.