No. As of October 2026, Ozz Resources Ltd (OZZ.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ozz Resources Ltd does not pass Musaffa's business and financial screening criteria.
Ozz Resources Ltd. is an early-stage mining exploration company, which engages in the business of exploring, developing, and mining minerals. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-07-05. The Maguires Reward project consists of a single granted prospecting license (P20/2318) covering an area of about 200 hectares (ha). The Pepper Tree (previously named Pinnacle Well) project consists of three exploration licenses (E37/1246, E37/1287 and E37/1355) covering about 150 square kilometers. The Rabbit Bore project consists of a single exploration license (E51/1671) covering an area of 2,390 ha. The Peterwangy project comprises two granted exploration licenses (E70/5124 and E70/5691) covering 13 blocks for a total area of approximately 4,440 ha. The Vickers Well Project covers two exploration tenement applications, E38/3732 and E38/3733, covering a total area of 251 square kilometers. The Mt Davis project lies adjacent to the Kalgoorlie-Kurnalpi terrane boundary of the Yilgarn Craton. Its Wardarbie South Project is located in the Central Murchison area.
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Ozz Resources Ltd OZZ.AX
AUD0.02
Last Updated: Oct 05, 12:00 AM·ASX
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OZZ.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Ozz Resources Ltd is classified as not halal.
NOT HALAL
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FAQ's for Ozz Resources Ltd (OZZ.AX)
As of October 2026, Ozz Resources Ltd OZZ.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 Ozz Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Ozz 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 Ozz 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 Ozz 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 Ozz Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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