Newfield Resources Ltd NWF.AX
AUD0.09 AUD0.01 (11.25%) 1D
Last Updated: Sep 26, 12:00 AM·ASX
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NWF.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Newfield Resources Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Newfield Resources Ltd. Stock Analysis NWF.AX
Australia Materials Micro Cap Newfield Resources Ltd. engages in mine development, stope mining, and mineral exploration. The Company’s flagship asset is the Tongo Diamond Mine, which is located in eastern Sierra Leone. The Tongo Mine Development combines kimberlite dyke hosted diamond resources on two adjacent mining licenses that cover over 134 square kilometers and host 11 known kimberlites. The Company’s Kumbgo Kimberlite Project (Liberia) comprises two exploration licenses that cover a total of 670 square kilometers (Km2) in the west of Liberia. The Tongo Kimberlite Mine has two tenements, ML02/2018 and ML02/2012. The Kumbgo project has two tenements, MEL1157/14 and MEL1158/14. Its Newfield Gold project has two tenements, M77/0422 and M77/0846.
Newfield Resources Ltd (NWF.AX) Chart
Financial Metrics & Statements of Newfield Resources Ltd (NWF.AX)
FAQ's for Newfield Resources Ltd (NWF.AX)
- As of August 2026, Newfield Resources Ltd NWF.AX is classified as 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 Newfield Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Newfield 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 Newfield 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 Newfield 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 Newfield Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Newfield Resources Ltd (NWF.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
