Is Terracom Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Terracom Ltd (TER.AX) is currently classified as 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 Terracom 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 Terracom Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Terracom Ltd?

Muslim investors may consider investing in Terracom 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 Terracom Ltd classified as HALAL?

Musaffa determines the Shariah status of Terracom 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 Terracom Ltd updated?

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

Can a halal stock like Terracom 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 Terracom Ltd?

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

TER.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Terracom Ltd. Stock Analysis TER.AX

Australia Energy Micro Cap Report: Q2, 2025

TerraCom Ltd. engages in the exploration and development of coal mines. The company is headquartered in Brisbane, Queensland. The company went IPO on 2010-07-22. The firm has a portfolio of assets in Australia and South Africa within the coal sector. Its Australian Business Unit comprises one operational mine, the flagship Blair Athol Coal Mine, located in Clermont, Queensland, which exports over 2.2 million tons per annum of thermal coal. The Springsure project consists of contiguous tenements, such as EPC 1674, EPC 1103 and MDL 3002 and is in the Central-Western Bowen Basin Coal Mining District of Queensland, covering approximately 1,178 km2. The Clyde Park Coal project consists of a tenement, EPC 1260, situated on the northeastern edge of the Galilee Basin in Queensland. The Northern Galilee project is a consolidation of the Hughenden and Pentland projects, comprising tenements covering over 2,160 km2. Its South African operations include Kangala Colliery, Ubuntu Collier, Eloff Project, New Clydesdale Colliery (NCC), Berenice Project and Cygnus Project.

Key Statistics of Terracom Ltd (TER.AX)

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

Today's Range

AUD0.07AUD0.07

Today's Open

AUD0.07

Volume

2.12M

P/E Ratio (TTM)

52 Week Range

AUD0.06AUD0.13

Market Cap

127.58M

Avg. Volume

571.56K

Dividend Yield

Financial Metrics & Statements of Terracom Ltd (TER.AX)

FAQ's for Terracom Ltd (TER.AX)

According to Musaffa’s Shariah screening methodology, Terracom Ltd (TER.AX) is currently classified as 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.