Is Pure Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Pure Resources Ltd (PR1.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 Pure 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 Pure Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Pure Resources Ltd?

Muslim investors may consider investing in Pure 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 Pure Resources Ltd classified as NOT HALAL?

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

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

Can a halal stock like Pure 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 Pure Resources Ltd?

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

PR1.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Pure Resources Ltd. Stock Analysis PR1.AX

Australia Materials Nano Cap Report: Q2, 2025

Pure Resources Ltd. is an eminent battery metal focused company, which engages in the business of exploration and evaluation operations. The principal activities of the Company include exploration for lithium, nickel and gold in Australia. The firm 100% owns Garnet Hills Project, which provides upstream exposure to graphite and garnet under a granted mining lease in Western Australia. Its projects include Reedy Creek Garnet Project, Killarney Project, Mount Monger Project, Yandal Project, and Yundamindra Project. The Killarney Project comprises one tenement located about 140km north-east of the town of Halls Creek. The Mount Monger Project is situated within the Mount Monger mining district 55 km southeast of Kalgoorlie and is accessed via Mount Monger Rd. The Yandal Project consists of granted exploration license E53/2023 that covers an area of approximately 43 km2, which is prospective for gold mineralization, and is situated in the Archean aged Yandal Greenstone belt in the Eastern Goldfields region of Western Australia.

Key Statistics of Pure Resources Ltd (PR1.AX)

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

Today's Range

AUD0.58AUD0.66

Today's Open

AUD0.66

Volume

144.93K

P/E Ratio (TTM)

52 Week Range

AUD0.09AUD0.74

Market Cap

31.81M

Avg. Volume

24.15K

Dividend Yield

Financial Metrics & Statements of Pure Resources Ltd (PR1.AX)

FAQ's for Pure Resources Ltd (PR1.AX)

According to Musaffa’s Shariah screening methodology, Pure Resources Ltd (PR1.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.