Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.
NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators
TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.
METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help
NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product
COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors
INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
RIL.AX Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: June 14, 2024
Report Source: 2024 2nd Quarter Report
Redivium Ltd. Stock Analysis RIL.AX
Australia Materials Nano Cap Report: Redivium Ltd. engages in exploration and evaluation of mineral interests. The company is headquartered in Perth, Western Australia. The company went IPO on 2003-12-05. The principal activity of the Company is implementation of the European battery recycling strategy. The firm has rights (via licensing arrangements) to exploit lithium battery recycling technology in certain European jurisdictions such as Scandinavia, Italy, Southeastern Europe, the United Kingdom (UK), and Ireland. The technology has been developed by Neometals Ltd, and is 50% owned by German engineering firm SMS Group GmbH. The firm provides recycling solutions. Its access to this advanced recycling process with low CO2 emissions delivers high purity chemicals back to the battery manufacturing sector. Using a proprietary process, lithium, nickel, cobalt and other valuable materials are recovered from waste lithium-ion batteries (LiBs).
Read More Redivium Ltd (RIL.AX) Chart
Key Statistics of Redivium Ltd (RIL.AX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
AUD0.00Volume
5974.00P/E Ratio (TTM)
-Market Cap
13.61MAvg. Volume
344.26KDividend Yield
-Financial Metrics & Statements of Redivium Ltd (RIL.AX)
FAQ's for Redivium Ltd (RIL.AX)
- According to Musaffa’s Shariah screening methodology, Redivium Ltd (RIL.AX) is currently classified as NOT HALAL as of June 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Redivium Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Redivium 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 Redivium 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 Redivium 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 Redivium Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.