Yes. As of September 2026, Ragusa Minerals Ltd (RAS.AX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ragusa Minerals Ltd passes Musaffa's business and financial screening criteria.
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.
Ragusa Minerals Ltd RAS.AX
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Last Updated: Sep 03, 12:00 AM·ASX
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RAS.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Ragusa Minerals Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Ragusa Minerals Ltd (RAS.AX) Chart
Financial Metrics & Statements of Ragusa Minerals Ltd (RAS.AX)
FAQ's for Ragusa Minerals Ltd (RAS.AX)
As of September 2026, Ragusa Minerals Ltd RAS.AX is classified as 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 Ragusa Minerals Ltd using these criteria to determine its compliance status.
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.
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.
The Shariah compliance status of Ragusa Minerals 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 Ragusa Minerals 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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