Is CARETEQ Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, CARETEQ Ltd (CTQ.AX) is currently classified as NOT HALAL as of July 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 CARETEQ 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 CARETEQ Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of CARETEQ Ltd?

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

Musaffa determines the Shariah status of CARETEQ 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 CARETEQ Ltd updated?

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

Can a halal stock like CARETEQ 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 CARETEQ Ltd?

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

CTQ.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

CARETEQ Ltd. Stock Analysis CTQ.AX

Australia Health Care Nano Cap Report: Q2, 2025

Careteq Ltd. engages in the provision of residential medication management review and home medicines review services. The company is headquartered in Melbourne, Victoria. The company went IPO on 2022-01-10. The firm is focused on medication management solutions. The Company’s brands include Embedded Health Solutions (EHS) and HMR Referrals platforms. The EHS provides comprehensive aged care medication management solutions through Residential Medication Management Reviews (RMMRs), while HMR Referrals streamlines Home Medicines Reviews (HMRs). The Services provided on the HMR Referrals marketplace platform that simplifies and streamlines the HMR processes for general practitioners (GPs) and accredited pharmacists. The HRMs are conducted by a pharmacist with the patient at their home to provide helpful advice on their medications and to optimize their effectiveness.

Key Statistics of CARETEQ Ltd (CTQ.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

2.22M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.01

Market Cap

2.07M

Avg. Volume

279.06K

Dividend Yield

Financial Metrics & Statements of CARETEQ Ltd (CTQ.AX)

FAQ's for CARETEQ Ltd (CTQ.AX)

According to Musaffa’s Shariah screening methodology, CARETEQ Ltd (CTQ.AX) is currently classified as NOT HALAL as of July 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.