Is Centrex Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Centrex Ltd (CXM.AX) is currently classified as 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 Centrex 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 Centrex Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Centrex Ltd?

Muslim investors may consider investing in Centrex 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 Centrex Ltd classified as HALAL?

Musaffa determines the Shariah status of Centrex 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 Centrex Ltd updated?

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

Can a halal stock like Centrex 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 Centrex Ltd?

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

CXM.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 29, 2025

Report Source: 2024 Annual Report

Centrex Ltd. Stock Analysis CXM.AX

Australia Materials Nano Cap Report: 2024 Annual

Centrex Ltd. engages in phosphate rock production and exploration. The company is headquartered in Adelaide, South Australia. The company went IPO on 2006-07-19. The Company’s principal activities include phosphate rock mining at the Ardmore Project in Queensland; potash exploration in Western Australia; base metals exploration in New South Wales and exploration for additional phosphate resources. Its segments include Ardmore mining operations and Exploration, which include exploration and evaluation of phosphate rock, potash, zinc and copper. Its projects include Goulburn Polymetallic Project, Ardmore Phosphate Project, and Oxley Potash Project. The Goulburn base metals project is located in the Lachlan Fold Belt in New South Wales. The Ardmore Phosphate Rock Project is located south of Mt Isa in Northwest Queensland. The Oxley Potash Project is located in the Midwest of Western Australia around 125 kilometers (km) southeast of the port of Geraldton.

Key Statistics of Centrex Ltd (CXM.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

644.14K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.02

Market Cap

29.50M

Avg. Volume

683.63K

Dividend Yield

Financial Metrics & Statements of Centrex Ltd (CXM.AX)

FAQ's for Centrex Ltd (CXM.AX)

According to Musaffa’s Shariah screening methodology, Centrex Ltd (CXM.AX) is currently classified as 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.