Surefire Resources NL SRN.AX
AUD0.02
Last Updated: Oct 14, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
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Is Surefire Resources NL Stock Halal?
Shariah Compliance Analysis of SRN.AX Stock
Australia Materials Nano Cap No. As of October 2026, Surefire Resources NL (SRN.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Surefire Resources NL does not pass Musaffa's business and financial screening criteria.
Surefire Resources NL engages in the exploration of mineral resources. The firm holds mineral exploration licenses over Vanadium, Magnetite and Gold projects located in Western Australia. The company is focused on Victory Bore Vanadium critical and battery minerals project. The Victory Bore project is located in the Mid-West region of Western Australia. Its Perenjori Iron Ore Project is located within 15 kilometers (km) of both the Morawa-Peronjori trunk rail line and the Karara rail spur. Its Yidby Gold Project is situated within the southern portion of the Yalgoo-Singleton Greenstone Belt, 40 km from Paynes Find and 400 km northeast of Perth. The project is also surrounded by several significant gold projects. Its Kooline Lead-Silver Project tenements cover almost 50 km strike length of mineralized Ashburton Formation and are located 55 km south of the one Moz Paulsen’s gold mine and 190 km northwest of Paraburdoo in the Ashburton province of Western Australia.
SRN.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Surefire Resources NL is classified as not halal.
NOT HALALSurefire Resources NL (SRN.AX) Chart
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Financial Metrics & Statements of Surefire Resources NL (SRN.AX)
FAQ's for Surefire Resources NL (SRN.AX)
- As of October 2026, Surefire Resources NL SRN.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 Surefire Resources NL using these criteria to determine its compliance status.
- Muslim investors may consider investing in Surefire Resources NL 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 Surefire Resources NL 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 Surefire Resources NL 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 Surefire Resources NL on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Surefire Resources NL (SRN.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
