Is Ragusa Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ragusa Minerals Ltd (RAS.AX) is currently classified as HALAL as of August 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 Ragusa Minerals 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 Ragusa Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ragusa Minerals Ltd?

Muslim investors may consider investing in Ragusa Minerals 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 Ragusa Minerals Ltd classified as HALAL?

Musaffa determines the Shariah status of Ragusa Minerals 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 Ragusa Minerals Ltd updated?

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

Can a halal stock like Ragusa Minerals 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 Ragusa Minerals Ltd?

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

RAS.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

Ragusa Minerals Ltd. Stock Analysis RAS.AX

Australia Materials Nano Cap Report: Q2, 2025

Ragusa Minerals Ltd. is a mineral exploration company, which engages in the fund management business. The company is headquartered in Melbourne, Victoria. The company went IPO on 2010-07-13. The firm holds interests in Burracoppin REE & Halloysite Project in Western Australia. The Burracoppin REE & Kaolin/Halloysite Project comprises granted exploration license E70/5708, located approximately 300 kilometers east of Perth in Western Australia, and is prospective for REE, halloysite and kaolinite. The Project is located near Merredin, with port access easily accessible via the Great Eastern Highway. The firm is also reviewing new projects across various commodities and jurisdictions.

Key Statistics of Ragusa Minerals Ltd (RAS.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

207.42K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.06

Market Cap

5.75M

Avg. Volume

109.62K

Dividend Yield

Financial Metrics & Statements of Ragusa Minerals Ltd (RAS.AX)

FAQ's for Ragusa Minerals Ltd (RAS.AX)

According to Musaffa’s Shariah screening methodology, Ragusa Minerals Ltd (RAS.AX) is currently classified as HALAL as of August 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.