Is Codan Ltd halal to invest in?

As of July 2026, Codan Ltd CDA.AX is classified as 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.

Is Codan 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 Codan Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Codan Ltd?

Muslim investors may consider investing in Codan 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 Codan Ltd classified as HALAL?

Musaffa determines the Shariah status of Codan 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 Codan Ltd updated?

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

Can a halal stock like Codan 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 Codan Ltd?

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

Codan Ltd CDA.AX

Last Updated: Jul 21, 12:00 AM·ASX

CDA.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Codan Ltd is classified as halal.

HALAL

Report Source: 2026 2nd Quarter Report

Codan Ltd. Stock Analysis CDA.AX

Australia Industrials Mid Cap Report: Q2, 2026

Codan Ltd. engages in the provision of electronic solutions, focusing on metal detection and communications technology. The firm develops technology solutions to solve customers’ communications, safety, security and productivity problems. The company develops rugged and reliable electronics solutions for government, corporate, non-governmental organizations (NGO) and consumer markets across the globe. The Company’s segments include Communications, Metal Detection and Others. The Communications segment includes the design, development, manufacture, and marketing of communication solutions. The Metal Detection segment includes the design, development, manufacture, and marketing of metal detection equipment. The Other business segment relates to the manufacturing and sale of tracking products to Caterpillar Inc. Its metal detection business includes Minelab. Its Communications business includes Domo Tactical Communication, Zetron, and Kagwerks. Its products are sold in approximately 150 countries through a global network of dealers, distributors and agents.

Key Statistics of Codan Ltd (CDA.AX)

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

Today's Range

AUD40.96AUD43.12

Today's Open

AUD43.12

Volume

173.24K

P/E Ratio (TTM)

73.34

52 Week Range

AUD20.19AUD45.28

Market Cap

7.95B

Avg. Volume

189.67K

Dividend Yield

0.68%

Financial Metrics & Statements of Codan Ltd (CDA.AX)

Super Investors Invested in Codan Ltd (CDA.AX)

FAQ's for Codan Ltd (CDA.AX)

As of July 2026, Codan Ltd CDA.AX is classified as 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 Codan Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Codan 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 Codan 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 Codan 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 Codan Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.