Is Bisalloy Steel Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Bisalloy Steel Group Ltd (BIS.AX) is currently classified as HALAL as of March 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 Bisalloy Steel Group 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 Bisalloy Steel Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Bisalloy Steel Group Ltd?

Muslim investors may consider investing in Bisalloy Steel 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.

Why is Bisalloy Steel Group Ltd classified as HALAL?

Musaffa determines the Shariah status of Bisalloy Steel Group 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 Bisalloy Steel Group Ltd updated?

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

Can a halal stock like Bisalloy Steel Group 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 Bisalloy Steel Group Ltd?

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

BIS.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 02, 2026

Report Source: 2026 2nd Quarter Report

Bisalloy Steel Group Ltd. Stock Analysis BIS.AX

Australia Materials Micro Cap Report: Q2, 2026

Bisalloy Steel Group Ltd. engages in the production and sale of bisalloy quenched and tempered steel plates. The company is headquartered in Wollongong, New South Wales. The company went IPO on 2003-06-23. The Company’s products are used in the mining, construction, general fabrication and defense sectors. The firm operates through two geographic segments: Australia and Overseas. The Australian operations comprise of Bisalloy Steels Pty Limited and Bisalloy Steel Group Limited. Bisalloy Steels Pty Limited manufactures and sells wear-grade and high tensile plate through distributors and directly to original equipment manufacturers in both Australia and Overseas. The Overseas operations comprise of PT Bima Bisalloy and Bisalloy (Thailand) Co Limited located in Indonesia and Thailand respectively. These businesses distribute Bisalloy Q&T plate as well as other steel plate products. The company has a distribution network across Australasia, Indonesia, Thailand, the People’s Republic of China and the United States of America.

Key Statistics of Bisalloy Steel Group Ltd (BIS.AX)

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

Today's Range

AUD4.47AUD4.57

Today's Open

AUD4.52

Volume

14.84K

P/E Ratio (TTM)

11.07

52 Week Range

AUD3.15AUD6.24

Market Cap

218.59M

Avg. Volume

7021.20

Dividend Yield

11.94%

Financial Metrics & Statements of Bisalloy Steel Group Ltd (BIS.AX)

FAQ's for Bisalloy Steel Group Ltd (BIS.AX)

According to Musaffa’s Shariah screening methodology, Bisalloy Steel Group Ltd (BIS.AX) is currently classified as HALAL as of March 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.