Is New Hope Corporation Ltd halal to invest in?

As of July 2026, New Hope Corporation Ltd NHC.AX is classified as 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.

Is New Hope Corporation 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 New Hope Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of New Hope Corporation Ltd?

Muslim investors may consider investing in New Hope Corporation 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 New Hope Corporation Ltd classified as HALAL?

Musaffa determines the Shariah status of New Hope Corporation 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 New Hope Corporation Ltd updated?

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

Can a halal stock like New Hope Corporation 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 New Hope Corporation Ltd?

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

New Hope Corporation Ltd NHC.AX

Last Updated: Jul 21, 12:00 AM·ASX

NHC.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, New Hope Corporation Ltd is classified as halal.

HALAL

Report Source: 2026 2nd Quarter Report

New Hope Corporation Ltd. Stock Analysis NHC.AX

Australia Energy Mid Cap Report: Q2, 2026

New Hope Corp. Ltd. engages in the development and operation of coal mines, port handling and logistics, agriculture, and oil and gas development and production. The company is headquartered in Brisbane, Queensland and currently employs 1,361 full-time employees. The company went IPO on 2003-09-16. The firm operates the Bengalla Mine in New South Wales and the New Acland Mine in southeast Queensland, with coal primarily exported to customers in Asia. Its agricultural enterprises are located near its coal mines. Its Coal Mining in Queensland segment includes mining-related production, processing, transportation, port operations and marketing. Its Coal Mining in New South Wales segment includes mining-related production, processing, transportation, marketing, exploration. Its Other segments include coal exploration outside existing operational areas, oil and gas-related exploration, development and production, pastoral operations, treasury and administration. The Bengalla Mine is located four kilometers south-west of Muswellbrook in New South Wales. New Acland Mine is an open-cut thermal coal mine located 27 kilometers north-west of Oakey in southeast Queensland.

Key Statistics of New Hope Corporation Ltd (NHC.AX)

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

Today's Range

AUD5.32AUD5.42

Today's Open

AUD5.38

Volume

1.30M

P/E Ratio (TTM)

10.29

52 Week Range

AUD3.77AUD6.17

Market Cap

4.17B

Avg. Volume

649.23K

Dividend Yield

6.30%

Financial Metrics & Statements of New Hope Corporation Ltd (NHC.AX)

Super Investors Invested in New Hope Corporation Ltd (NHC.AX)

FAQ's for New Hope Corporation Ltd (NHC.AX)

As of July 2026, New Hope Corporation Ltd NHC.AX is classified as 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 New Hope Corporation Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in New Hope Corporation 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 New Hope Corporation 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 New Hope Corporation 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 New Hope Corporation Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.