QX Resources Ltd QXR.AX
AUD0.00
Last Updated: Aug 07, 12:00 AM·ASX
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QXR.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, QX Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
QX Resources Ltd. Stock Analysis QXR.AX
Australia Materials Nano Cap QX Resources Ltd. engages in the business of exploring and developing battery minerals with hard rock lithium assets in a prime location of Western Australia and gold-molybdenum assets in Queensland. The company is headquartered in Perth, Western Australia. The company went IPO on 2011-02-17. The Liberty Lithium Brine Project located in SaltFire Flat, California, is made up of approximately 1,265 contiguous claims over 102 square kilometers (km2) (25,300 acres). The firm owns 100% owned hard-rock lithium projects, covering 355 km2, strategically centered around Western Australia’s prolific Pilbara province, hosting some of Australia’s lithium deposits. Its portfolio consists of Turner River (E45/6042 and E45/6065), Western Shaw (E45/4960 and E45/6107), Split Rock (E46/1367) and Yule River (E45/6159). Its gold portfolio consists of two Central Queensland gold projects, Lucky Break and Belyando, through an earn-in agreement. Both gold projects are located within the Drummond Basin.
QX Resources Ltd (QXR.AX) Chart
Financial Metrics & Statements of QX Resources Ltd (QXR.AX)
FAQ's for QX Resources Ltd (QXR.AX)
- As of August 2026, QX Resources Ltd QXR.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 QX Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in QX 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 QX 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 QX 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 QX 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 QX Resources Ltd (QXR.AX)
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