As of August 2026, Australian Finance Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Australian Finance Group Ltd. Stock Analysis AFG.AX
Australia Financials Micro Cap
Australian Finance Group Ltd. engages in the provision of mortgage brokerage business. The company is headquartered in Perth, Western Australia. The company went IPO on 2015-05-22. The Company’s principal activities include mortgage origination and lending. The Company’s segments include distribution, manufacturing, and central. The distribution segment refers to the core aggregation services through AFG and Fintelligence in which these entities act as a mortgage broker that provides its contracted brokers with administrative and infrastructure support as well as access to a panel of lenders. The company also includes White Label AFG Home Loans Commissions. The manufacturing segment refers to AFG Securities mortgages (Securitized loans issued by AFG Securities Pty Ltd) that are distributed through the Company’s broker network. The manufacturing segment also includes AFG’s investment in Thinktank (commercial and residential). Its products include Suite360 Platform, BrokerEngine Plus Software, Analytics and Business Data and SMART Marketing Platform.
Australian Finance Group Ltd (AFG.AX) Chart
Financial Metrics & Statements of Australian Finance Group Ltd (AFG.AX)
FAQ's for Australian Finance Group Ltd (AFG.AX)
As of August 2026, Australian Finance Group Ltd AFG.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 Australian Finance Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Australian Finance 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 Australian Finance 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 Australian Finance 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 Australian Finance Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Australian Finance Group Ltd (AFG.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.