Calix Ltd CXL.AX
AUD0.23
Last Updated: Oct 12, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
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Is Calix Ltd Stock Halal?
Shariah Compliance Analysis of CXL.AX Stock
Australia Materials Nano Cap Yes. As of October 2026, Calix Ltd (CXL.AX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Calix Ltd passes Musaffa's business and financial screening criteria.
Calix Ltd. engages in the development of patent-protected, platform technology that produces new materials and processes to solve global challenges. The Company’s segments include Magnesia, Leilac, Sustainable Processing (SusPro) and Corporate. The Magnensia segment offers safe, sustainable and cost-effective solutions for water treatment, aquaculture and wastewater management. Its Magnesia line of business is supported by a magnesite mine in South Australia, a Magnesium Carbonate Calciner in Victoria to produce Magnesium Oxide, and Magnesium Oxide hydration facilities in Victoria, Queensland, and in six locations in the United States to produce Magnesium Hydroxide Liquid. The SusPro segment enables low carbon, low waste and value-added metal and mineral products. The Leilac segment applies the Company’s patented indirect heating technology to the cement and lime industries with the aim of providing solutions that reduce both emissions and costs.
CXL.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Calix Ltd is classified as halal.
HALALCalix Ltd (CXL.AX) Chart
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Financial Metrics & Statements of Calix Ltd (CXL.AX)
FAQ's for Calix Ltd (CXL.AX)
- As of October 2026, Calix Ltd CXL.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 Calix Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Calix 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 Calix 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 Calix 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 Calix Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Calix Ltd (CXL.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
