Is Whitehaven Coal Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Whitehaven Coal Ltd (WHC.AX) is currently classified as NOT HALAL as of March 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 Whitehaven Coal 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 Whitehaven Coal Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Whitehaven Coal Ltd?

Muslim investors may consider investing in Whitehaven Coal 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 Whitehaven Coal Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Whitehaven Coal 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 Whitehaven Coal Ltd updated?

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

Can a halal stock like Whitehaven Coal 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 Whitehaven Coal Ltd?

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

WHC.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 25, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for Whitehaven Coal Ltd (WHC.AX)

Based on 18 analysts giving stock ratings to Whitehaven Coal Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Whitehaven Coal Ltd. Stock Analysis WHC.AX

Australia Energy Mid Cap Report: Q2, 2026

Whitehaven Coal Ltd. engages in the development and operation of coal mines. The company is headquartered in Sydney, New South Wales and currently employs 6,444 full-time employees. The company went IPO on 2007-06-01. The company is focused on the development and operation of coal mines in New South Wales (NSW) and Queensland (QLD). Its segments include NSW Operations and QLD Operations. The company operates six mines (five open-cut and one large underground mine) in the Gunnedah Coal Basin of NSW and Bowen Basin of QLD. Its assets include Maules Creek Mine, Narrabri Mine, Vickery Extension Project, Werris Creek Mine, Gunnedah CHPP, Winchester South Project, Narrabri Stage-3 Extension Project, Rocglen Mine, Sunnyside Mine, Canyon Mine, Daunia Mine, and Blackwater Mine. Its development projects include the Vickery project and Winchester South project. The Tarrawonga open cut mine produces high-quality thermal coal and semi-soft coking coal. Vickery Extension Project is a proposal to construct an open-cut coal mine and associated on-site infrastructure about 25 kilometers north of Gunnedah.

Key Statistics of Whitehaven Coal Ltd (WHC.AX)

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

Today's Range

AUD7.69AUD7.99

Today's Open

AUD7.80

Volume

3.75M

P/E Ratio (TTM)

9.77

52 Week Range

AUD5.31AUD9.90

Market Cap

6.95B

Avg. Volume

1.17M

Dividend Yield

1.89%

Financial Metrics & Statements of Whitehaven Coal Ltd (WHC.AX)

FAQ's for Whitehaven Coal Ltd (WHC.AX)

According to Musaffa’s Shariah screening methodology, Whitehaven Coal Ltd (WHC.AX) is currently classified as NOT HALAL as of March 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.