Is Argo Investments Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Argo Investments Ltd (ARG.AX) is currently classified as NOT HALAL as of April 2026. 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 Argo Investments 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 Argo Investments Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Argo Investments Ltd?

Muslim investors may consider investing in Argo Investments 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 Argo Investments Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Argo Investments 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 Argo Investments Ltd updated?

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

Can a halal stock like Argo Investments 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 Argo Investments Ltd?

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

ARG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 24, 2026

Report Source: 2026 2nd Quarter Report

Argo Investments Ltd. Stock Analysis ARG.AX

Australia N/A Mid Cap Report: Q2, 2026

Argo Investments Ltd is a AU-based company operating in industry. The company is headquartered in Adelaide, South Australia. Argo Investments Limited is an investment company. The principal activities of the Company include the investment of funds in Australian listed securities and short-term interest-bearing securities. The Company’s objective is to maximize long-term shareholder returns through reliable fully franked dividend income and capital growth. Its investment portfolio comprises approximately 85 Australian companies from across a range of industries. The firm invests in various sectors, including other financials, materials, banks, healthcare, consumer staples, energy, property, listed investment companies, and utilities. Its subsidiaries include Argo Investments Limited (parent entity) and Argo Service Company Pty. Ltd.

Key Statistics of Argo Investments Ltd (ARG.AX)

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

Today's Range

AUD8.70AUD8.80

Today's Open

AUD8.75

Volume

348.70K

P/E Ratio (TTM)

25.55

52 Week Range

AUD8.45AUD9.59

Market Cap

6.70B

Avg. Volume

60.78K

Dividend Yield

4.24%

Financial Metrics & Statements of Argo Investments Ltd (ARG.AX)

FAQ's for Argo Investments Ltd (ARG.AX)

According to Musaffa’s Shariah screening methodology, Argo Investments Ltd (ARG.AX) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.