Is Riedel Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Riedel Resources Ltd (RIE.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 Riedel Resources 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 Riedel Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Riedel Resources Ltd?

Muslim investors may consider investing in Riedel Resources 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 Riedel Resources Ltd classified as HALAL?

Musaffa determines the Shariah status of Riedel Resources 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 Riedel Resources Ltd updated?

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

Can a halal stock like Riedel Resources 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 Riedel Resources Ltd?

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

RIE.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: August 04, 2025

Report Source: 2025 2nd Quarter Report

Riedel Resources Ltd. Stock Analysis RIE.AX

Australia Materials Nano Cap Report: Q2, 2025

Riedel Resources Ltd. operates as a mineral exploration company. The company is headquartered in Melbourne, Victoria. The company went IPO on 2011-01-31. The firm's geographical segments include Australia, the United States and Spain. The Kingman Gold Project in Arizona comprises more than 2,000 hectares of contiguous landholding, located approximately 150 kilometers (km) southeast of Las Vegas, Nevada. The Kingman Project claims are situated at the confluence of the Walker Lane gold Trend and the Southwestern North American Porphyry Copper Province. The firm also has an interest in the Marymia East gold and base metals project in Western Australia, which is a joint venture with Norwest Minerals Limited and the Company’s wholly owned subsidiary, Audax Minerals Pty Ltd. The project is located over 200 km north of Meekatharra in Western Australia and comprises two granted exploration tenements (E52/2394 and E52/2395) covering a total area of over 240 square kilometers.

Key Statistics of Riedel Resources Ltd (RIE.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

255.83K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.05

Market Cap

7.87M

Avg. Volume

2677.00

Dividend Yield

Financial Metrics & Statements of Riedel Resources Ltd (RIE.AX)

FAQ's for Riedel Resources Ltd (RIE.AX)

According to Musaffa’s Shariah screening methodology, Riedel Resources Ltd (RIE.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.