Is Recharge Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Recharge Metals Ltd (REC.AX) is currently classified as 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 Recharge Metals 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 Recharge Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Recharge Metals Ltd?

Muslim investors may consider investing in Recharge Metals 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 Recharge Metals Ltd classified as HALAL?

Musaffa determines the Shariah status of Recharge Metals 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 Recharge Metals Ltd updated?

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

Can a halal stock like Recharge Metals 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 Recharge Metals Ltd?

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

REC.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Recharge Metals Ltd. Stock Analysis REC.AX

Australia Materials Nano Cap Report: Q2, 2025

Recharge Metals Ltd. engages in the development and exploration of lithium and metal base minerals. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-10-11. The firm's projects include Carter Uranium Project, Newnham Lake Uranium Project, Express Lithium Project, and Brandy Hill South Project. The Carter Uranium Project is located in southeast Montana, close to the Wyoming border. The Carter Uranium Project hosts a significant amount of uranium mineralization with the deposits extending over a strike extent of approximately 11 kilometers (km). The Newnham Lake Uranium Project comprises a single mineral disposition covering an area of 15.84 square kilometers (km2) proximal to the north-eastern margin of the Athabasca Basin, Saskatchewan, Canada. The Express Lithium Project comprises 139 mineral claims over two contiguous claim blocks, covering a significant 74 km2 project area. The Brandy Hill South Project lies 60 km southeast of Yalgoo in Murchison. The company also owns Sunset Well Project located 10 km east of Leonora and within 100km of seven operating gold processing plants.

Key Statistics of Recharge Metals Ltd (REC.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

1.81M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.06

Market Cap

48.01M

Avg. Volume

298.83K

Dividend Yield

Financial Metrics & Statements of Recharge Metals Ltd (REC.AX)

FAQ's for Recharge Metals Ltd (REC.AX)

According to Musaffa’s Shariah screening methodology, Recharge Metals Ltd (REC.AX) is currently classified as 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.