QX Resources Ltd QXREF
QXREF 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 QXREF
United States 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. Its lithium portfolio is centered around WA's prolific Pilbara province, where it has acquired a controlling interest in four projects. Across the Pilbara project, its regional lithium tenement package (both granted or under application) spans more than 350 square kilometers. 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. The Anthony Molybdenum deposit is located over 70 kilometers (km) northwest of Clermont and 810 km northwest of Brisbane, next to the Gregory Development Road. The West Pilbara project consists of E47/4462 and E47/4463 exploration licenses.
QX Resources Ltd (QXREF) Chart
Financial Metrics & Statements of QX Resources Ltd (QXREF)
FAQ's for QX Resources Ltd (QXREF)
- As of August 2026, QX Resources Ltd QXREF 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 (QXREF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
 Nanophase Technologies Corp NANX | $4.03 | 7.36% | $200.19M | Unlock | |
 North America Lithium Corp BRGC | $0.13 | 13.42% | $65.61M | Unlock |