Is Locate Technologies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Locate Technologies Ltd (LOC.AX) is currently classified as HALAL as of July 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 Locate Technologies 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 Locate Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Locate Technologies Ltd?

Muslim investors may consider investing in Locate Technologies 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 Locate Technologies Ltd classified as HALAL?

Musaffa determines the Shariah status of Locate Technologies 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 Locate Technologies Ltd updated?

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

Can a halal stock like Locate Technologies 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 Locate Technologies Ltd?

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

LOC.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Locate Technologies Ltd. Stock Analysis LOC.AX

Australia Information Technology Nano Cap Report: Q2, 2025

Locate Technologies Ltd. operates in the delivery services market in Australia. The firm is engaged in transforming last-mile delivery through artificial intelligence (AI)-driven solutions. Through a suite of platforms, such as Locate2u, Zoom2u, and Shred2u, the Company delivers scalable solutions that help simplify delivery management, optimize route planning, and enhance real-time visibility for businesses of all sizes. Locate2u is delivery and field service management software that allows the customer to track their workers, optimize their route, share their location and manage their bookings. Zoom2u is a delivery platform that connects customers with local independent couriers in their area for same-day delivery. Shred2u offers a range of services, including on-site and off-site shredding. Its on-site shredding service allows documents to be shredded at the client's location.

Key Statistics of Locate Technologies Ltd (LOC.AX)

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

Today's Range

AUD0.06AUD0.06

Today's Open

AUD0.06

Volume

173.81K

P/E Ratio (TTM)

52 Week Range

AUD0.05AUD0.28

Market Cap

16.99M

Avg. Volume

26.72K

Dividend Yield

Financial Metrics & Statements of Locate Technologies Ltd (LOC.AX)

FAQ's for Locate Technologies Ltd (LOC.AX)

According to Musaffa’s Shariah screening methodology, Locate Technologies Ltd (LOC.AX) is currently classified as HALAL as of July 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.