No. As of September 2026, Red Hawk Mining Ltd (RHK.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Red Hawk Mining Ltd does not pass Musaffa's business and financial screening criteria.
Red Hawk Mining Ltd. engages in the development of mineral deposits. The company is headquartered in Perth, Western Australia. The firm is focused on developing its 100%-owned Blacksmith Iron Ore Project in the Pilbara region of Western Australia. The Blacksmith Project is located approximately 70km north-west of Tom Price and consists of mining lease M47/1451, which covers approximately 112 square kilometers (km2). The Blacksmith Project comprises seven shallow deposits: Ajax, Badger, Blackjack, Champion, Delta, Eagle and Paragon. In addition to the Blacksmith Project, the Company holds retention license R47/21 for the Anvil Project. Its Canegrass Project is located approximately 60 km south-east of Mt Magnet in the Murchison region of Western Australia. The tenement package comprises six granted exploration licenses, which are being explored for battery minerals, particularly vanadium and titanium.
Red Hawk Mining Ltd RHK.AX
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Last Updated: Feb 25, 12:00 AM·XFRA
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RHK.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Red Hawk Mining Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Red Hawk Mining Ltd (RHK.AX)
FAQ's for Red Hawk Mining Ltd (RHK.AX)
As of September 2026, Red Hawk Mining Ltd RHK.AX 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 Red Hawk Mining Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Red Hawk Mining 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 Red Hawk Mining 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 Red Hawk Mining 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 Red Hawk Mining 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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