Is HALO Technologies Holdings Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, HALO Technologies Holdings Ltd (HAL.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 HALO Technologies Holdings 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 HALO Technologies Holdings Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of HALO Technologies Holdings Ltd?

Muslim investors may consider investing in HALO Technologies Holdings 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 HALO Technologies Holdings Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of HALO Technologies Holdings 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 HALO Technologies Holdings Ltd updated?

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

Can a halal stock like HALO Technologies Holdings 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 HALO Technologies Holdings Ltd?

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

HAL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2024 Annual Report

HALO Technologies Holdings Ltd. Stock Analysis HAL.AX

Australia Financials Nano Cap Report: 2024 Annual

Halo Technologies Holdings Ltd. engages in the development of integrated global equities research and investment software solutions for self-directed investors, self-funded retirees, and financial professionals. The company is headquartered in Sydney, New South Wales. The company went IPO on 2022-04-26. The firm primarily consisted of providing equities research and analysis capability, portfolio management tools, international trade execution capability and themed investments through the Company and Macrovue investment platforms. The Company’s products include HALO Global, HALO Trading, HALO Mobile, and HALO Professional. HALO Global is an equities research and execution solution that allows users to analyze and invest in over 35,000 shares and exchange-traded funds (ETFs) across 30 exchanges. The firm also has a carbon neutrality and energy security thematic portfolio. The firm offers research and market commentary through its investing reports covering the Americas, Asia, and Europe, Middle East and Africa (EMEA) overseas markets.

Key Statistics of HALO Technologies Holdings Ltd (HAL.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

4166.00

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.09

Market Cap

7.01M

Avg. Volume

50.88K

Dividend Yield

Financial Metrics & Statements of HALO Technologies Holdings Ltd (HAL.AX)

FAQ's for HALO Technologies Holdings Ltd (HAL.AX)

According to Musaffa’s Shariah screening methodology, HALO Technologies Holdings Ltd (HAL.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.