Araxi Ltd CTALF
CTALF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Araxi Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Araxi Ltd. Stock Analysis CTALF
United States Financials Micro Cap Araxi Ltd. is a holding company, which investments in businesses that operate in the financial technology sector. The company is headquartered in Johannesburg, Gauteng. The company went IPO on 2015-10-16. Its segments include Payments, Software, and International. Its Payments segment includes African Resonance, Dashpay, and LayUp. African Resonance and Dashpay are direct and indirect providers of payment software and infrastructure, technical support, maintenance, bespoke software, payment services and payment technology solutions. Dashpay is a Software Point-of-Sale (SoftPOS) solution built for bank acquirers and merchants as a platform-as-a-service (PSaaS) solution. LayUp is a digital lay-by and recurring payments business with solutions for e-commerce and in-store purchases. The Software segment comprises three businesses: Synthesis, which is a software and systems developer, offering consulting and software solutions; Dariel, which is an engineering-focused information technology (IT) architecture, and the Responsive Group, which designs and develops Web and mobile digital applications.
Araxi Ltd (CTALF) Chart
Financial Metrics & Statements of Araxi Ltd (CTALF)
FAQ's for Araxi Ltd (CTALF)
- As of August 2026, Araxi Ltd CTALF is classified as not 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 Araxi Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Araxi 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 Araxi 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 Araxi 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 Araxi Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Araxi Ltd (CTALF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
