Is Iodm Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Iodm Ltd (IOD.AX) is currently classified as HALAL as of April 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 Iodm 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 Iodm Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Iodm Ltd?

Muslim investors may consider investing in Iodm 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 Iodm Ltd classified as HALAL?

Musaffa determines the Shariah status of Iodm 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 Iodm Ltd updated?

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

Can a halal stock like Iodm 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 Iodm Ltd?

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

IOD.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Iodm Ltd (IOD.AX)

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

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Iodm Ltd. Stock Analysis IOD.AX

Australia Information Technology Micro Cap Report: Q2, 2025

Iodm Ltd. engages in the development of a cloud-based software platform. The company is headquartered in Melbourne, Victoria and currently employs 16 full-time employees. The company went IPO on 2003-11-18. The Company’s AR solution provides an end-to-end AR process that supports customers with invoicing, query management, payment reminders, escalation, analytics, and others. The solution is a customizable application that integrates with any accounting enterprise resource planning (ERP) software package. The IODM Connect platform provides a gateway to a range of financial solutions to meet individual business needs. The IODM Connect integrates with an existing accounting platform to optimize cashflow. The IODM Cash Allocation tool captures payment data and allocates payments to the appropriate invoices automatically. The Cash Allocation tool uses RPA, OCR, and AI to input data from remittances, bank files and customer invoices to match payments. The firm operates globally.

Key Statistics of Iodm Ltd (IOD.AX)

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

Today's Range

AUD0.15AUD0.16

Today's Open

AUD0.16

Volume

125.95K

P/E Ratio (TTM)

52 Week Range

AUD0.09AUD0.20

Market Cap

114.24M

Avg. Volume

41.96K

Dividend Yield

Financial Metrics & Statements of Iodm Ltd (IOD.AX)

FAQ's for Iodm Ltd (IOD.AX)

According to Musaffa’s Shariah screening methodology, Iodm Ltd (IOD.AX) is currently classified as HALAL as of April 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.