No. As of October 2026, Xtract Resources PLC (XTR.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Xtract Resources PLC does not pass Musaffa's business and financial screening criteria.
Xtract Resources Plc is a resource, development and mining company which focuses on acquiring brown field resource projects with a view to release value for its shareholders. The firm's projects include Wildstone Joint-Venture, Western Foreland Copper, Silverking Copper-Gold, Bushranger Copper-Gold, Kakuyu Copper and Chilibwe Copper Project. Wildstone Joint-Venture project includes developing small-scale mining opportunities in copper, silver and antimony within Morocco. Western Foreland Copper project comprises five large scale exploration licenses totaling 173,586 ha across the prospective Western Foreland and Fold & Thrust Belt geological districts of Northwestern Zambia, collectively known as the Western Foreland. Silverking Copper-Gold project comprises exploration license 26673-HQ-LEL. Kakuyu Project is located approximately 53 km north-west of the town of Mumbwa, Central Province of Zambia. Chilibwe Copper Project consists of large-scale exploration license 22118-HQ-LEL.
Xtract Resources PLC XTR.L
GBX0.95
Last Updated: Oct 06, 12:00 AM·LSE
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XTR.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Xtract Resources PLC is classified as not halal.
NOT HALAL
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FAQ's for Xtract Resources PLC (XTR.L)
As of October 2026, Xtract Resources PLC XTR.L 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 Xtract Resources PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Xtract Resources PLC 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 Xtract Resources PLC 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 Xtract Resources PLC 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 Xtract Resources PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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