Is Hitech Group Australia Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hitech Group Australia Ltd (HIT.AX) is currently classified as HALAL as of October 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 Hitech Group Australia 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 Hitech Group Australia Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hitech Group Australia Ltd?

Muslim investors may consider investing in Hitech Group Australia 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 Hitech Group Australia Ltd classified as HALAL?

Musaffa determines the Shariah status of Hitech Group Australia 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 Hitech Group Australia Ltd updated?

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

Can a halal stock like Hitech Group Australia 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 Hitech Group Australia Ltd?

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

HIT.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

Hitech Group Australia Ltd. Stock Analysis HIT.AX

Australia Industrials Nano Cap Report: 2025 Annual

Hitech Group Australia Ltd. provides specialized recruitment and consulting services across ICT, finance, admin & HR, sales, and marketing sectors. The company is headquartered in Sydney, New South Wales. The company went IPO on 2000-04-17. The firm specializes in sourcing and placing, information and communications technology (ICT), administrative and office support personnel for permanent and contract positions. The company has a recruitment and consulting system supported by an extensive proprietary candidate and client database - HiBase. HiBase is a cloud-based platform that allows the Company to serve its clients. The firm also offers a comprehensive ICT Service that delivers IT solutions in a flexible and customized way. The employers it deals with are partners with the Company from a range of industries, including telco, finance, healthcare, consulting, information technology (IT) and fast-moving consumer goods (FMCG). As a candidate of the Company, it is focused on making its candidate job search easier and effective.

Key Statistics of Hitech Group Australia Ltd (HIT.AX)

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

Today's Range

AUD0.90AUD0.90

Today's Open

AUD0.90

Volume

3091.00

P/E Ratio (TTM)

5.97

52 Week Range

AUD0.80AUD2.02

Market Cap

35.95M

Avg. Volume

2097.80

Dividend Yield

11.11%

Financial Metrics & Statements of Hitech Group Australia Ltd (HIT.AX)

FAQ's for Hitech Group Australia Ltd (HIT.AX)

According to Musaffa’s Shariah screening methodology, Hitech Group Australia Ltd (HIT.AX) is currently classified as HALAL as of October 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.