Is HighCom Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, HighCom Ltd (HCL.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 HighCom 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 HighCom Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of HighCom Ltd?

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

Musaffa determines the Shariah status of HighCom 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 HighCom Ltd updated?

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

Can a halal stock like HighCom 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 HighCom Ltd?

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

HCL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

HighCom Ltd. Stock Analysis HCL.AX

Australia Industrials Nano Cap Report: Q2, 2025

HighCom Ltd. provides security services. The firm operates through two divisions: HighCom Armor (the United States Operation) and HighCom Technology (Australian Operations). HighCom Armor division designs, manufactures, and supplies global military, law enforcement, and first responder customers with advanced personal protection ballistic products and solutions for body armor, ballistic helmets, and composite armor panels and platform structures. HighCom Technology division supplies Australian Defense and Security Agencies with small uncrewed arial systems and sensor payloads, and provides local program, project and engineering management, systems integration, maintenance, composite repairs, and logistics support services. Its HighCom Armor also designs, develops, tests, manufactures, and distributes dozens of National Institute of Justice compliant hard and soft armor products, as well as other composite armor panels and complex curved items.

Key Statistics of HighCom Ltd (HCL.AX)

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

Today's Range

AUD0.18AUD0.19

Today's Open

AUD0.19

Volume

103.67K

P/E Ratio (TTM)

52 Week Range

AUD0.16AUD0.53

Market Cap

26.91M

Avg. Volume

91.31K

Dividend Yield

Financial Metrics & Statements of HighCom Ltd (HCL.AX)

FAQ's for HighCom Ltd (HCL.AX)

According to Musaffa’s Shariah screening methodology, HighCom Ltd (HCL.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.