Is Sheffield Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sheffield Resources Ltd (SFX.AX) is currently classified as NOT HALAL as of April 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 Sheffield 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 Sheffield Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sheffield Resources Ltd?

Muslim investors may consider investing in Sheffield 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 Sheffield Resources Ltd classified as NOT HALAL?

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

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

Can a halal stock like Sheffield 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 Sheffield Resources Ltd?

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

SFX.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 16, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Sheffield Resources Ltd (SFX.AX)

Based on 7 analysts giving stock ratings to Sheffield Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Sheffield Resources Ltd. Stock Analysis SFX.AX

Australia Materials Nano Cap Report: Q2, 2025

Sheffield Resources Ltd. is engaged in exploration and development of mineral sands in Australia and Brazil. The company is headquartered in Perth, Western Australia. The company went IPO on 2010-12-15. The Company’s operating segments include South Atlantic project, Thunderbird project, and Other. The South Atlantic project consists of mineral sands tenements located in Southeast Brazil. The Thunderbird project consists of mineral sands tenements located in the Canning Basin that form part of the Thunderbird mineral sand mining operation held by Thunderbird Operations Pty Ltd, a subsidiary of Kimberley Mineral Sands Pty Ltd (KMS). The South Atlantic Project is located within the Rio Grande do Sul Coastal Plain, a region located in the southernmost state of Brazil, Rio Grande do Sul, along the coast of the Atlantic Ocean. The Thunderbird Mineral Sand Project lies 70 kilometers (km) west of Derby and 30 km north of the sealed Great Northern Highway (GNH) joining Derby and Broome.

Key Statistics of Sheffield Resources Ltd (SFX.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

479.04K

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.21

Market Cap

12.26M

Avg. Volume

18.62K

Dividend Yield

Financial Metrics & Statements of Sheffield Resources Ltd (SFX.AX)

FAQ's for Sheffield Resources Ltd (SFX.AX)

According to Musaffa’s Shariah screening methodology, Sheffield Resources Ltd (SFX.AX) is currently classified as NOT HALAL as of April 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.