WA Kaolin Ltd WAK.AX
AUD0.01 AUD0.00 (20.00%) 1D
Last Updated: Jul 24, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is WA Kaolin Ltd Stock Halal?
Shariah Compliance Analysis of WAK.AX Stock
Australia Materials Nano Cap No. As of October 2026, WA Kaolin Ltd (WAK.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. WA Kaolin Ltd does not pass Musaffa's business and financial screening criteria.
WA Kaolin Ltd. engages in mineral exploration, extraction and processing services. The firm is engaged in mineral exploration, extraction and processing. The firm's principal activities are the exploration and development of an inferred mineral resource of high-grade premium kaolinized granite, proprietary production and value-adding processes. The firm holds the Wickepin Kaolin Project, approximately 220km south-east of Perth, Western Australia. The Wickepin Project produces high-quality kaolin for Tier one customers in Asia and around the world. The project comprises four retention licenses (R70/40, R70/42, R70/43 and R70/44) and a single mining lease (M70/1143). The firm has a two-stage ramp-up strategy at the Wickepin Kaolin Project. The stage one optimizes production to over 200,000 tons per annum (tpa) and Stage two will ramp up production to 400,000tpa.
WAK.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, WA Kaolin Ltd is classified as not halal.
NOT HALALWA Kaolin Ltd (WAK.AX) Chart
Fetching Price Chart...
Financial Metrics & Statements of WA Kaolin Ltd (WAK.AX)
FAQ's for WA Kaolin Ltd (WAK.AX)
- As of October 2026, WA Kaolin Ltd WAK.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 WA Kaolin Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in WA Kaolin 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 WA Kaolin 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 WA Kaolin 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 WA Kaolin Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for WA Kaolin Ltd (WAK.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
