Is Archer Materials Ltd halal to invest in?

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

Can Muslims buy shares of Archer Materials Ltd?

Muslim investors may consider investing in Archer Materials 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 Archer Materials Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Archer Materials 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 Archer Materials Ltd updated?

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

Can a halal stock like Archer Materials 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 Archer Materials Ltd?

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

AXE.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 16, 2025

Report Source: 2025 2nd Quarter Report

Archer Materials Ltd. Stock Analysis AXE.AX

Australia Information Technology Micro Cap Report: Q2, 2025

Archer Materials Ltd. is a materials technology company, which engages in the developing advanced semiconductor devices and processor chips related to quantum computing and medical diagnostics in Australia. The company is headquartered in Adelaide, South Australia. The company went IPO on 2007-08-14. The firm principal activities include technology research and development of the carbon nano onion quantum material (12CQ Project), tunnelling magnetoresistance (TMR) sensor project and graphene-based lab-on-a-chip biosensing chip (biochip) and utilizing semiconductor technology development infrastructure and facilities, research, and development to support technology research and development. The firm is focused on developing its biochip technology, including identifying and developing testing for blood potassium levels, for its first target of hypo- and hyperkalemia detection in chronic kidney disease (CKD) patients. Its biochip marks an inflection point in diagnostics, enabling fast, accurate, and low-cost digital testing.

Key Statistics of Archer Materials Ltd (AXE.AX)

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

Today's Range

AUD0.32AUD0.35

Today's Open

AUD0.33

Volume

448.55K

P/E Ratio (TTM)

52 Week Range

AUD0.22AUD0.51

Market Cap

76.45M

Avg. Volume

116.35K

Dividend Yield

Financial Metrics & Statements of Archer Materials Ltd (AXE.AX)

FAQ's for Archer Materials Ltd (AXE.AX)

According to Musaffa’s Shariah screening methodology, Archer Materials Ltd (AXE.AX) is currently classified as NOT HALAL as of April 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.