Hitech Group Australia Ltd HIT.AX
AUD1.13 AUD0.07 (6.13%) 1D
Last Updated: Oct 09, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
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Is Hitech Group Australia Ltd Stock Halal?
Shariah Compliance Analysis of HIT.AX Stock
Australia Industrials Nano Cap Yes. As of October 2026, Hitech Group Australia Ltd (HIT.AX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hitech Group Australia Ltd passes Musaffa's business and financial screening criteria.
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.
HIT.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Hitech Group Australia Ltd is classified as halal.
HALALHitech Group Australia Ltd (HIT.AX) Chart
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Financial Metrics & Statements of Hitech Group Australia Ltd (HIT.AX)
FAQ's for Hitech Group Australia Ltd (HIT.AX)
- As of October 2026, Hitech Group Australia Ltd HIT.AX is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Related Halal Stocks to Hitech Group Australia Ltd (HIT.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
