Is Rarex Ltd halal to invest in?

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

Can Muslims buy shares of Rarex Ltd?

Muslim investors may consider investing in Rarex 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 Rarex Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Rarex 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 Rarex Ltd updated?

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

Can a halal stock like Rarex 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 Rarex Ltd?

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

REE.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Rarex Ltd. Stock Analysis REE.AX

Australia Materials Nano Cap Report: Q2, 2025

RareX Ltd. is an exploration company. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2007-07-11. The company is engaged in curating a portfolio of carbonatite related prospects within which the Khaleesi Project represents the exploration flagship. The exploration focus of the business is on the Khaleesi Project in the East Yilgarn which is a district-scale, elevated-niobium, and alkaline intrusive complex. The firm's engineering and commercial focus is on offtake and approvals at the mid-study-level, Cummins Range Project, a carbonatite hosted rare earth and phosphate project, containing magnet grade rare earths and battery grade phosphates and undeveloped rare earths project. The new Khaleesi Project is located along strike from Ponton Dyke, the Cundeelee carbonatite, and the Tropicana Gold mine. The Khaleesi Project is located adjacent to the Mulga Rocks deposits on the transition of the Yilgarn Craton to the Albany-Fraser Belt, specifically in the Northern Foreland Unit.

Key Statistics of Rarex Ltd (REE.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

4.35M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.05

Market Cap

18.19M

Avg. Volume

1.71M

Dividend Yield

Financial Metrics & Statements of Rarex Ltd (REE.AX)

FAQ's for Rarex Ltd (REE.AX)

According to Musaffa’s Shariah screening methodology, Rarex Ltd (REE.AX) is currently classified as DOUBTFUL 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.