Is Energy Technologies Limited halal to invest in?

According to Musaffa's Shariah screening methodology, Energy Technologies Limited (EGY.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 Energy Technologies Limited 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 Energy Technologies Limited using these criteria to determine its compliance status.

Can Muslims buy shares of Energy Technologies Limited?

Muslim investors may consider investing in Energy Technologies Limited 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 Energy Technologies Limited classified as NOT HALAL?

Musaffa determines the Shariah status of Energy Technologies Limited 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 Energy Technologies Limited updated?

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

Can a halal stock like Energy Technologies Limited 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 Energy Technologies Limited?

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

EGY.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Energy Technologies Limited. Stock Analysis EGY.AX

Australia Industrials Nano Cap Report: Q2, 2025

Energy Technologies Ltd. engages in the manufacture and sale of specialist industrial cables and ancillary products through its wholly owned subsidiary. The company is headquartered in North Sydney, New South Wales and currently employs 69 full-time employees. The firm specialize in providing quality electrical cables for a range of applications across the low voltage (LV), medium voltage (MV), and high voltage (HV) markets. The company manufactures and sells specialist industrial cables through its wholly owned subsidiary Bambach Wires and Cables Pty Limited (BWC). BWC is a manufacturer and supplier of specialty wires and cables for the mining, rail, and defense industries. BWC manufactures low-voltage electric cables at its Rosedale Victoria facility. The company also engaged in manufacturing silicone cables and large multicore cables. BWC products offers a range of products including braids and terminated braids, earthing cables, marine cables, railway cables, mining cables, pump cables, solar cables, and bamcontrol cables, among others. The company also owns Cogenic Pty Ltd, which is a development company focused on the renewable energy sector.

Key Statistics of Energy Technologies Limited (EGY.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

115.38K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.03

Market Cap

12.50M

Avg. Volume

984.13K

Dividend Yield

Financial Metrics & Statements of Energy Technologies Limited (EGY.AX)

FAQ's for Energy Technologies Limited (EGY.AX)

According to Musaffa’s Shariah screening methodology, Energy Technologies Limited (EGY.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.