No. As of September 2026, ASF Group Ltd (AFA.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ASF Group Ltd does not pass Musaffa's business and financial screening criteria.
ASF Group Ltd. is an investment holding company, which engages in the identification, incubation, and realization of business opportunities. The company is headquartered in Sydney, New South Wales. The firm is focused on the real estate, resources, technology and financial sectors. The firm holds interest in various companies, which include ActivEX Limited, Rey Resources Limited (REY), Key Petroleum Limited (KEY), Kaili Resources Limited (KLR), Civil & Mining Resources Pty Ltd (CMR), ASF Technologies (Australia) Pty Ltd (ASFTA), and BSF Enterprise PLC (BSFA). Its subsidiaries include ASF China Holdings Limited, ASF Corporate Pty Ltd, ASF (Hong Kong) Ltd, ASF Oil and Gas Holdings Pty Ltd, ASF Properties Pty Ltd, ASF Resources Pty Ltd, BSF International Ltd, ASF Capital Pty Ltd, ASF Capital Investment Fund, ASF Capital Secure Fund and ASF Venture Fund. The Company, through its wholly owned subsidiary, ASF Properties Pty Ltd, provides property marketing and services. Its subsidiary, ASF Capital Pty Ltd, offers fund management and advisory services to businesses in various sectors.
ASF Group Ltd AFA.AX
AUD0.05
Last Updated: Sep 11, 12:00 AM·ASX
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AFA.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, ASF Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
ASF Group Ltd (AFA.AX) Chart
Financial Metrics & Statements of ASF Group Ltd (AFA.AX)
FAQ's for ASF Group Ltd (AFA.AX)
As of September 2026, ASF Group Ltd AFA.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 ASF Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in ASF Group 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 ASF Group 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 ASF Group 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 ASF Group Ltd 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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