Is Timah Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Timah Resources Ltd (TML.AX) is currently classified as NOT COVERED as of May 2026. 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 Timah 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 Timah Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Timah Resources Ltd?

Muslim investors may consider investing in Timah 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 Timah Resources Ltd classified as NOT COVERED?

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

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

Can a halal stock like Timah 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 Timah Resources Ltd?

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

Timah Resources Ltd. Stock Analysis TML.AX

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Timah Resources Ltd. engages in the generation of biogas renewable energy. The firm operates through its wholly owned subsidiary, Mistral Engineering Sdn Bhd (Mistral). Mistral is a green technology company that produces green power from Palm Oil Mill Effluent. Mistral owns and operates a Biogas Power Plant of approximately 4.0 megawatts (MW) located in Sabah, Malaysia with a nominal export capacity of up to 3.5 megawatts (MW). The Plant uses Palm Oil Mill Effluent to produce Methane Gas, which is then used as fuel to run gas engines to generate green and renewable energy. The Plant is located at Km 63 Jalan Sandakan, Sandakan in the State of Sabah, Malaysia, and next to Prolific Yield Palm Oil Mill owned and operated by Cepatwawasan Group Berhad with a processing capacity of approximately 90 metric tons of Fresh Fruit Bunches (FFB) per hour.

Key Statistics of Timah Resources Ltd (TML.AX)

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

Today's Range

AUD0.05AUD0.05

Today's Open

AUD0.05

Volume

7000.00

P/E Ratio (TTM)

349.31

52 Week Range

AUD0.02AUD0.05

Market Cap

4.17M

Avg. Volume

37.56K

Dividend Yield

Financial Metrics & Statements of Timah Resources Ltd (TML.AX)

FAQ's for Timah Resources Ltd (TML.AX)

According to Musaffa’s Shariah screening methodology, Timah Resources Ltd (TML.AX) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.