Is Corporate Travel Management Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Corporate Travel Management Ltd (CTD.AX) is currently classified as HALAL as of February 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 Corporate Travel Management 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 Corporate Travel Management Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Corporate Travel Management Ltd?

Muslim investors may consider investing in Corporate Travel Management 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 Corporate Travel Management Ltd classified as HALAL?

Musaffa determines the Shariah status of Corporate Travel Management 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 Corporate Travel Management Ltd updated?

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

Can a halal stock like Corporate Travel Management 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 Corporate Travel Management Ltd?

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

CTD.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 28, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Corporate Travel Management Ltd (CTD.AX)

Based on 14 analysts giving stock ratings to Corporate Travel Management Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Corporate Travel Management Ltd. Stock Analysis CTD.AX

Australia Consumer Discretionary Small Cap Report: Q2, 2025

Corporate Travel Management Ltd. engages in managing the procurement and delivery of travel and accommodation agency services for its clients. The principal activities of the Company consist of managing the procurement and delivery of travel and accommodation agency services for its clients. The Company’s segments include Australia and New Zealand, North America, Asia, and Europe. Its services include global corporate travel, and global meetings and events management. The firm designs global travel programs that design services and solutions for global business travel. The firm's technology framework enables it to integrate a range of tools into one travel portal, providing its global customers with a single, customized and configurable platform that meets the needs of users for maximum adoption, compliance and user-experience. The firm's specialist meetings and events division, event travel management (ETM), consolidates its meetings and events expenditure.

Key Statistics of Corporate Travel Management Ltd (CTD.AX)

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

Today's Range

AUD15.90AUD16.14

Today's Open

AUD15.98

Volume

12.66K

P/E Ratio (TTM)

27.87

52 Week Range

AUD11.70AUD16.54

Market Cap

2.35B

Avg. Volume

54.67K

Dividend Yield

1.79%

Financial Metrics & Statements of Corporate Travel Management Ltd (CTD.AX)

FAQ's for Corporate Travel Management Ltd (CTD.AX)

According to Musaffa’s Shariah screening methodology, Corporate Travel Management Ltd (CTD.AX) is currently classified as HALAL as of February 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.