Is 8Common Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, 8Common Ltd (8CO.AX) is currently classified as DOUBTFUL as of July 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 8Common 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 8Common Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of 8Common Ltd?

Muslim investors may consider investing in 8Common 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 8Common Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of 8Common 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 8Common Ltd updated?

The Shariah compliance status of 8Common Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like 8Common 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 8Common Ltd?

You can check the latest Shariah compliance status of 8Common Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

8CO.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

8Common Ltd. Stock Analysis 8CO.AX

Australia Information Technology Nano Cap Report: Q2, 2025

8common Ltd. engages in the development and distribution of software solutions. The company is headquartered in Canberra, Australian Capital Territory. The company went IPO on 2014-08-27. Its flagship Expense8 platform is a pureplay provider of end-to-end travel expense management software, card applications and management. The software solutions improve organization, productivity, incorporate company organizational policies and expense auditing to reduce fraud. Its product CardHero (prepaid card fund distribution) delivers a closed loop solution to support regulated, large network and high-volume requirements. CardHero integrates fund payment with spend management and targets not for profits, grant providers, charities and government. CardHero delivers convenient fund distribution and spend data. Its growing client base of more than 150,000 platform users includes enterprise customers Woolworths, Broadcast Australia, Amcor, and over 150 state and federal government entities.

Key Statistics of 8Common Ltd (8CO.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

3.00

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.05

Market Cap

4.48M

Avg. Volume

34.80K

Dividend Yield

Financial Metrics & Statements of 8Common Ltd (8CO.AX)

FAQ's for 8Common Ltd (8CO.AX)

According to Musaffa’s Shariah screening methodology, 8Common Ltd (8CO.AX) is currently classified as DOUBTFUL as of July 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.