WEC.AX Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: July 30, 2025
Report Source: 2025 2nd Quarter Report
White Energy Company Ltd. Stock Analysis WEC.AX
White Energy Co. Ltd. engages in the development and exploitation of binderless coal briquetting technology. The company is headquartered in Brisbane, Queensland. The firm is engaged in harnessing technologies to enhance the efficiency of energy production and the discovery of minerals vital for a decarbonized economy through two business divisions: coal technology and mining exploration. The coal technology division has a license to Binderless Coal Briquetting (BCB) technology, which processes relatively poor quality coal into a higher quality product. The mining exploration division holds tenements near Coober Pedy, South Australia, Texas Queensland, and Daly Waters, Northern Territory. The segment also has tenements near Biloela, Queensland, that are explored by arrangement with the tenement holder. The company operates in four main geographical areas, including Australia, Asia, South Africa and Mauritius, and the United Kingdom. Its projects include Specimen Hill, Tindal Copper Project, Maranoa Project, Robin Rise Project and Lora Creek Project.
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Key Statistics of White Energy Company Ltd (WEC.AX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
AUD0.04Volume
23.68KP/E Ratio (TTM)
-52 Week Range
Market Cap
24.28MAvg. Volume
14.07KDividend Yield
-Financial Metrics & Statements of White Energy Company Ltd (WEC.AX)
FAQ's for White Energy Company Ltd (WEC.AX)
- According to Musaffa’s Shariah screening methodology, White Energy Company Ltd (WEC.AX) is currently classified as NOT HALAL as of July 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.