Whitehaven Coal Ltd WHC.AX
AUD7.68 AUD0.03 (0.39%) 1D
Last Updated: Oct 09, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
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Is Whitehaven Coal Ltd Stock Halal?
Shariah Compliance Analysis of WHC.AX Stock
Australia Energy Mid Cap No. As of October 2026, Whitehaven Coal Ltd (WHC.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Whitehaven Coal Ltd does not pass Musaffa's business and financial screening criteria.
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.
WHC.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Whitehaven Coal Ltd is classified as not halal.
NOT HALALWhitehaven Coal Ltd (WHC.AX) Chart
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Financial Metrics & Statements of Whitehaven Coal Ltd (WHC.AX)
FAQ's for Whitehaven Coal Ltd (WHC.AX)
- As of October 2026, Whitehaven Coal Ltd WHC.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 Whitehaven Coal Ltd using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of Whitehaven Coal 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 Whitehaven Coal 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 Whitehaven Coal Ltd (WHC.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
