No. As of October 2026, Vast Resources PLC (VAST.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vast Resources PLC does not pass Musaffa's business and financial screening criteria.
Vast Resources Plc engages in the exploration and development of mineral properties in Romania and Zimbabwe. The company is headquartered in Maidstone, Kent and currently employs 167 full-time employees. The company went IPO on 2006-06-30. The company has mines and projects in Romania, Tajikistan and Zimbabwe. Its operations include Baita Plai Polymetallic Mine; Manaila-Carlibaba Project; Zagra Licences; Blueberry Gold Project; Chiadzwa Community Concession, Marange, and Tajikistan. Its Romanian portfolio includes 100% interest in Vast Baita Plai SA which owns 100% of the producing Baita Plai Polymetallic Mine, located in the Apuseni Mountains, Transylvania, an area which hosts Romania's largest polymetallic mines. The Zagra Licences include Piciorul Zimbrului & Magura Neagra prospects. The company has an interest in a joint venture company which provides exposure to a near term revenue opportunity from the Takob Mine processing facility in Tajikistan. The company has also been contractually appointed to manage and develop the Aprelevka Gold Mines. The company holds a 29.41% interest in the Blueberry Project, a 7.285 square kilometers brownfield area of prospectivity in the Golden Quadrilateral.
Vast Resources PLC VAST.L
GBX4.19 GBX0.13 (2.89%) 1D
Last Updated: Oct 09, 12:00 AM·LSE
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VAST.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Vast Resources PLC is classified as not halal.
NOT HALAL
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FAQ's for Vast Resources PLC (VAST.L)
As of October 2026, Vast Resources PLC VAST.L 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 Vast Resources PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Vast Resources PLC 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 Vast Resources PLC 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 Vast Resources PLC 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 Vast Resources PLC 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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