Is Credit Intelligence Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Credit Intelligence Ltd (CI1.AX) is currently classified as NOT HALAL as of February 2024. 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 Credit Intelligence 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 Credit Intelligence Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Credit Intelligence Ltd?

Muslim investors may consider investing in Credit Intelligence 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 Credit Intelligence Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Credit Intelligence 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 Credit Intelligence Ltd updated?

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

Can a halal stock like Credit Intelligence 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 Credit Intelligence Ltd?

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

CI1.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 16, 2024

Report Source: 2023 Annual Report

Credit Intelligence Ltd. Stock Analysis CI1.AX

Australia Industrials Nano Cap Report: 2023 Annual

Credit Intelligence Ltd. engages in the provision of debt restructuring and personal insolvency services within the credit funding sector. The firm offers a suite of financial products and solutions to support the small and medium enterprises (SMEs). Its offering includes securing finance, debt solutions and restructuring, mortgage broking services, personal insolvency management, buy now pay later and small business loans. The company offers debt-restructuring and personal insolvency management services. Its main business includes the provision of bankruptcy admission services and Individual Voluntary Arrangement (IVA) proposal consultancy and implementation services. The Company, through its subsidiary YOZO FinancePty Ltd (YOZO), offers OZO SME and YOZO Pay. YOZO SME solutions include business loans. OZO Pay is a buy now pay later solution. The Company’s subsidiaries also include CS Funding Pte Limited (ICS) and Hup Hoe Credit Pte Limited (HHC).

Key Statistics of Credit Intelligence Ltd (CI1.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

1.08M

P/E Ratio (TTM)

52 Week Range

AUD0.11AUD0.25

Market Cap

9.68M

Avg. Volume

220.80K

Dividend Yield

1.93%

Financial Metrics & Statements of Credit Intelligence Ltd (CI1.AX)

FAQ's for Credit Intelligence Ltd (CI1.AX)

According to Musaffa’s Shariah screening methodology, Credit Intelligence Ltd (CI1.AX) is currently classified as NOT HALAL as of February 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.