Is Hexima Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hexima Ltd (HXL.AX) is currently classified as NOT HALAL as of August 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 Hexima 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 Hexima Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hexima Ltd?

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

Musaffa determines the Shariah status of Hexima 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 Hexima Ltd updated?

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

Can a halal stock like Hexima 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 Hexima Ltd?

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

HXL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Hexima Ltd (HXL.AX)

Based on 5 analysts giving stock ratings to Hexima Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Hexima Ltd. Stock Analysis HXL.AX

Australia Health Care Nano Cap Report: Q2, 2025

Hexima Ltd is a AU-based company operating in Biotechnology industry. The company is headquartered in Melbourne, Victoria. The company went IPO on 2020-12-01. Hexima Limited is an Australia-based company. The firm is exploring opportunities for transactions with third parties which could enable the potential value of the Company’s assets, including its intellectual property.

Key Statistics of Hexima Ltd (HXL.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

90.00K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.02

Market Cap

2.17M

Avg. Volume

145.10K

Dividend Yield

Financial Metrics & Statements of Hexima Ltd (HXL.AX)

FAQ's for Hexima Ltd (HXL.AX)

According to Musaffa’s Shariah screening methodology, Hexima Ltd (HXL.AX) is currently classified as NOT HALAL as of August 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.