Is Syrah Resources Ltd halal to invest in?

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

Can Muslims buy shares of Syrah Resources Ltd?

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

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

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

Can a halal stock like Syrah 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 Syrah Resources Ltd?

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

SYR.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 21, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Syrah Resources Ltd (SYR.AX)

Based on 8 analysts giving stock ratings to Syrah Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Syrah Resources Ltd. Stock Analysis SYR.AX

Australia Materials Micro Cap Report: Q2, 2025

Syrah Resources Ltd. is an industrial minerals and technology company. The principal activities of the Company include sales of natural graphite and ongoing development of logistics, sales, and marketing arrangements with targeted customers. Its segments include Balama and Vidalia. The Balama segment is engaged in the production, distribution and sale of natural flake graphite from the Balama Graphite Operation in Mozambique. The Vidalia segment is engaged in the operation and expansion of the Vidalia AAM facility, including operation of a qualification facility, the construction of the Vidalia Initial Expansion project, evaluation of the Vidalia Further Expansion project, customer engagement and commercial negotiations, and research and development. Its subsidiaries include Jacana Resources Proprietary Limited and Syrah Resources (KSA) Pty Ltd.

Key Statistics of Syrah Resources Ltd (SYR.AX)

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

Today's Range

AUD0.10AUD0.11

Today's Open

AUD0.11

Volume

3.93M

P/E Ratio (TTM)

52 Week Range

AUD0.10AUD0.53

Market Cap

253.56M

Avg. Volume

2.00M

Dividend Yield

Financial Metrics & Statements of Syrah Resources Ltd (SYR.AX)

FAQ's for Syrah Resources Ltd (SYR.AX)

According to Musaffa’s Shariah screening methodology, Syrah Resources Ltd (SYR.AX) is currently classified as NOT HALAL as of October 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.