Is Environmental Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Environmental Group Ltd (EGL.AX) is currently classified as HALAL as of October 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 Environmental Group 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 Environmental Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Environmental Group Ltd?

Muslim investors may consider investing in Environmental Group 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 Environmental Group Ltd classified as HALAL?

Musaffa determines the Shariah status of Environmental Group 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 Environmental Group Ltd updated?

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

Can a halal stock like Environmental Group 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 Environmental Group Ltd?

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

EGL.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Environmental Group Ltd (EGL.AX)

Based on 7 analysts giving stock ratings to Environmental Group Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Environmental Group Ltd. Stock Analysis EGL.AX

Australia Industrials Micro Cap Report: 2025 Annual

The Environmental Group Ltd. engages in designing, application and servicing of gas and vapour emission control systems, inlet and exhaust systems for gas turbines, water purification and engineering services. Its five business units include EGL Clean Air-Total Air Pollution Control and Airtight Solutions; Baltec IES; EGL Clean Energy-Tomlinson Energy Service and Ignite Services; EGL Water, and EGL Waste Services. Its Baltec IES produces inlet and exhaust systems for gas turbines, which are used to complement and augment solar and wind energy production. The EGL Water division continues to develop its patented technologies in conjunction with Victoria University. EGL Waste Services provides the sales and services platform for the Turmec Agency agreement in Australia.

Key Statistics of Environmental Group Ltd (EGL.AX)

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

Today's Range

AUD0.20AUD0.20

Today's Open

AUD0.20

Volume

37.50K

P/E Ratio (TTM)

16.97

52 Week Range

AUD0.18AUD0.29

Market Cap

82.76M

Avg. Volume

2.01M

Dividend Yield

Financial Metrics & Statements of Environmental Group Ltd (EGL.AX)

FAQ's for Environmental Group Ltd (EGL.AX)

According to Musaffa’s Shariah screening methodology, Environmental Group Ltd (EGL.AX) is currently classified as HALAL as of October 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.