Is Eneco Refresh Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Eneco Refresh Ltd (ERG.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 Eneco Refresh 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 Eneco Refresh Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Eneco Refresh Ltd?

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

Musaffa determines the Shariah status of Eneco Refresh 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 Eneco Refresh Ltd updated?

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

Can a halal stock like Eneco Refresh 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 Eneco Refresh Ltd?

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

ERG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Eneco Refresh Ltd. Stock Analysis ERG.AX

Australia Consumer Staples Nano Cap Report: Q2, 2025

Eneco Refresh Ltd. engages in the business of producing and distributing bottled water and accessories. The principal activities of its Company are the production and distribution of bottled water and accessories. The company also distributes filtration systems and water purifiers. The Company’s division includes Refresh Waters Pty Ltd and Refresh Plastics Pty Ltd. Refresh Waters Pty Ltd principal activity is the production and distribution of bottled water and accessories and the rental of water coolers. Refresh Plastics Pty Ltd offers a diverse range of plastic bottles, containers and jars for the beer, wine and beverage industries. The company also offers water tanks, caravan tanks, jerrycans, watering cans, and vehicle parts. The company is the Asia Pacific distributor of Dolium one-way PET kegs from Belgium. The company sells its pack sizes, ranging from 350 milliliters to 15 liters. Its brands include Refresh Pure Water, Refresh Spring Water, Refresh Demineralised Water, Oxyfresh Oxygenated Water, Goldfields Pure Water, Drink Up and Hydr8 Water.

Key Statistics of Eneco Refresh Ltd (ERG.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

109.00K

P/E Ratio (TTM)

143.58

52 Week Range

AUD0.01AUD0.02

Market Cap

3.54M

Avg. Volume

37.80K

Dividend Yield

Financial Metrics & Statements of Eneco Refresh Ltd (ERG.AX)

FAQ's for Eneco Refresh Ltd (ERG.AX)

According to Musaffa’s Shariah screening methodology, Eneco Refresh Ltd (ERG.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.