No. As of October 2026, Talonx Resources Ltd (TXR.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Talonx Resources Ltd does not pass Musaffa's business and financial screening criteria.
Talonx Resources Ltd. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Perth, Western Australia. Its projects include Viking Project, Blair North Project, and Kihabe Project. The Viking Gold Project is located 30 kilometers (km) east of Norseman. The project comprises 66 square kilometers (km2) of granted tenure situated within the Albany-Fraser Province. The Blair North Project is located 25 km east of Kalgoorlie, surrounded by established operations and gold deposits. The Blair North project offers drill-ready targets along strike and at depth at the Commodore prospects. The Blair North Project sits approximately 20km southeast of Kalgoorlie in the Eastern Goldfields of Western Australia, within a prolific gold and nickel district rich in existing infrastructure. The Kihabe Project (PL43/2016) is situated in West Ngamiland, within the Republic of Botswana. The Kihabe project covers an area of 1,000 km2.
Talonx Resources Ltd TXR.AX
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Last Updated: Oct 14, 12:00 AM·ASX
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TXR.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Talonx Resources Ltd is classified as not halal.
NOT HALAL
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FAQ's for Talonx Resources Ltd (TXR.AX)
As of October 2026, Talonx Resources Ltd TXR.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 Talonx Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Talonx 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.
Musaffa determines the Shariah status of Talonx Resources Ltd 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 Talonx Resources Ltd 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 Talonx Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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