Argosy Property Ltd. engages in investing and managing properties for the commercial, retail, and industrial sectors. The firm's principal activity is investment in properties which include industrial, office and large-format retail properties, predominantly in Auckland and Wellington. Its office properties include 99-107 Khyber Pass Road, Grafton; 101 Carlton Gore Road, Newmarket; 8 Nugent Street, Grafton; 39 Market Place, Viaduct Harbour; 105 Carlton Gore Road, Newmarket; 107 Carlton Gore Road, Newmarket; Citibank Centre, 23 Customs Street East; 82 Wyndham Street, and others. The retail properties include Albany Mega Centre & 11 Coliseum Drive, Albany; 50 & 54-62 Cavendish Drive, Manukau; 252 Dairy Flat Highway, Albany; Cnr Taniwha & Paora Hapi Streets, Taupo, and 23 Customs Street. The industrial properties include 240 Puhinui Road, Manukau; 244 Puhinui Road, Manukau; Highgate Parkway, Silverdale; 1 Rothwell Avenue, Albany; 4 Henderson Place, Onehunga; 320 Ti Rakau Drive, East Tamaki, and others.
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As of August 2026, Argosy Property Ltd IGPYF is classified as not covered 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 Argosy Property Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Argosy Property 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 Argosy Property 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 Argosy Property 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 Argosy Property Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.