Is Nelson Resources Ltd halal to invest in?

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

Can Muslims buy shares of Nelson Resources Ltd?

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.

Why is Nelson Resources Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Nelson Resources Ltd updated?

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

Can a halal stock like Nelson 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 Nelson Resources Ltd?

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.

NES.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Nelson Resources Ltd. Stock Analysis NES.AX

Australia Materials Nano Cap Report: Q2, 2025

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.

Key Statistics of Nelson Resources Ltd (NES.AX)

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

Today's Range

AUD0.00AUD0.00

Today's Open

AUD0.00

Volume

27.04M

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.01

Market Cap

10.95M

Avg. Volume

391.81K

Dividend Yield

Financial Metrics & Statements of Nelson Resources Ltd (NES.AX)

FAQ's for Nelson Resources Ltd (NES.AX)

According to Musaffa’s Shariah screening methodology, Nelson Resources Ltd (NES.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.