Is Winsome Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Winsome Resources Ltd (WR1.AX) is currently classified as NOT HALAL as of April 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.

Is Winsome Resources 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 Winsome Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Winsome Resources Ltd?

Muslim investors may consider investing in Winsome Resources 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 Winsome Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Winsome Resources 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 Winsome Resources Ltd updated?

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

Can a halal stock like Winsome Resources 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 Winsome Resources Ltd?

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

WR1.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 18, 2025

Report Source: 2025 2nd Quarter Report

Winsome Resources Ltd. Stock Analysis WR1.AX

Australia Materials Micro Cap Report: Q2, 2025

Winsome Resources Ltd. is a Lithium focused exploration and development company with three project areas in the James Bay Region of Quebec Province, Canada. The firm is a lithium-focused exploration and development company with projects in Quebec, Canada. Its projects include Adina, Cancet, Sirmac-Clapier, and Tilly. The Adina project is in the Eeyou Istchee James Bay region of Quebec. The Cancet project comprises a landholding of over 200 square kilometers (km2). The Sirmac-Clapier project is located 30 kilometers (km) from provincial road infrastructure with the regional centers of Chibougamau and Chapais, along with access to the rail network, approximately 100 km south of the project. The company contains outcropping lithium hosted in spodumene-bearing pegmatites, with spodumene contents varying from 5% to 30% by volume. The Tilly project is located just 20 km south-east of the Adina project. The Tilly claims overlie the east - west regional structural corridor and are near tonalites and other intrusive rocks which are the source rocks for lithium-caesium-tantalum pegmatites at Adina.

Key Statistics of Winsome Resources Ltd (WR1.AX)

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

Today's Range

AUD0.53AUD0.56

Today's Open

AUD0.53

Volume

5.15M

P/E Ratio (TTM)

52 Week Range

AUD0.12AUD0.67

Market Cap

96.94M

Avg. Volume

310.28K

Dividend Yield

Financial Metrics & Statements of Winsome Resources Ltd (WR1.AX)

FAQ's for Winsome Resources Ltd (WR1.AX)

According to Musaffa’s Shariah screening methodology, Winsome Resources Ltd (WR1.AX) is currently classified as NOT HALAL as of April 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.