Is Sqx Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sqx Resources Ltd (SQX.AX) is currently classified as NOT 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 Sqx 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 Sqx Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sqx Resources Ltd?

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

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

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

Can a halal stock like Sqx 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 Sqx Resources Ltd?

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

SQX.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

Sqx Resources Ltd. Stock Analysis SQX.AX

Australia Materials Nano Cap Report: Q2, 2025

The company is headquartered in Brisbane, Queensland. The company went IPO on 2023-02-20.

Key Statistics of Sqx Resources Ltd (SQX.AX)

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

Today's Range

AUD0.11AUD0.11

Today's Open

AUD0.11

Volume

28.54K

P/E Ratio (TTM)

52 Week Range

AUD0.08AUD0.29

Market Cap

7.48M

Avg. Volume

36.53K

Dividend Yield

Financial Metrics & Statements of Sqx Resources Ltd (SQX.AX)

FAQ's for Sqx Resources Ltd (SQX.AX)

According to Musaffa’s Shariah screening methodology, Sqx Resources Ltd (SQX.AX) is currently classified as NOT 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.