Is Harmoney Corp Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Harmoney Corp Ltd (HMY.AX) is currently classified as NOT 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 Harmoney Corp 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 Harmoney Corp Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Harmoney Corp Ltd?

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

Musaffa determines the Shariah status of Harmoney Corp 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 Harmoney Corp Ltd updated?

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

Can a halal stock like Harmoney Corp 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 Harmoney Corp Ltd?

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

HMY.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

Harmoney Corp Ltd. Stock Analysis HMY.AX

Australia Financials Micro Cap Report: 2025 Annual

Harmoney Corp. Ltd. engages in the provision of lending services. The firm provides secured and unsecured personal loans across Australia and New Zealand. The Company’s primary business is to originate, service, and invest in loans. The Company’s digital lending platform, Stellare, facilitates its personalized loan product with applications processed and loans funded within 24 hours of acceptance by the customer. Stellare applies a customer’s individual circumstances to its data-driven, machine-learning credit scorecard to deliver automated credit decisions and risk-based pricing. The firm offers various loans, including personal loans, debt consolidation, home improvements, wedding loans, car loans, holiday loans, education loans, medical expenses, and business loans. The firm operates through two geographical segments: Australia and New Zealand.

Key Statistics of Harmoney Corp Ltd (HMY.AX)

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

Today's Range

AUD0.72AUD0.74

Today's Open

AUD0.72

Volume

10.21K

P/E Ratio (TTM)

14.15

52 Week Range

AUD0.51AUD1.00

Market Cap

77.56M

Avg. Volume

24.60K

Dividend Yield

Financial Metrics & Statements of Harmoney Corp Ltd (HMY.AX)

FAQ's for Harmoney Corp Ltd (HMY.AX)

According to Musaffa’s Shariah screening methodology, Harmoney Corp Ltd (HMY.AX) is currently classified as NOT 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.