Is GTN Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, GTN Ltd (GTN.AX) is currently classified as NOT HALAL as of April 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 GTN 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 GTN Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of GTN Ltd?

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

Musaffa determines the Shariah status of GTN 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 GTN Ltd updated?

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

Can a halal stock like GTN 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 GTN Ltd?

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

GTN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 15, 2025

Report Source: 2025 2nd Quarter Report

GTN Ltd. Stock Analysis GTN.AX

Australia Communication Services Nano Cap Report: Q2, 2025

GTN Ltd. provides an advertising platform designed to enable advertisers, generally national advertisers, to reach demographics cost effectively. The company is headquartered in North Sydney, New South Wales. The company went IPO on 2016-06-01. The firm provides an advertising platform for advertisers in Australia, the United Kingdom, Canada, and Brazil. Its advertising platform is designed to enable advertisers, generally large national advertisers, to reach high-value demographics. The company offers advertising spots on television and radio networks, adjacent to information reports that listeners are typically engaged with, such as traffic and news. Advertisers purchase a schedule of radio spots on a national, regional, or specific market basis. The schedule includes spots on all the Company’s radio affiliates in the relevant market. Its spots are sold on a national, regional or specific market basis, making the product relevant to both nationally and regionally focused advertisers. The company also operates television information services in Australia and Canada. Its geographical segments include Australia, Brazil, Canada and the United Kingdom.

Key Statistics of GTN Ltd (GTN.AX)

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

Today's Range

AUD0.23AUD0.23

Today's Open

AUD0.23

Volume

3.00

P/E Ratio (TTM)

52 Week Range

AUD0.17AUD0.69

Market Cap

38.13M

Avg. Volume

18.67K

Dividend Yield

11.21%

Financial Metrics & Statements of GTN Ltd (GTN.AX)

FAQ's for GTN Ltd (GTN.AX)

According to Musaffa’s Shariah screening methodology, GTN Ltd (GTN.AX) is currently classified as NOT HALAL as of April 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.