Is Microequities Asset Management Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Microequities Asset Management Group Ltd (MAM.AX) is currently classified as DOUBTFUL 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 Microequities Asset Management Group 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 Microequities Asset Management Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Microequities Asset Management Group Ltd?

Muslim investors may consider investing in Microequities Asset Management Group 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 Microequities Asset Management Group Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Microequities Asset Management Group 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 Microequities Asset Management Group Ltd updated?

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

Can a halal stock like Microequities Asset Management Group 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 Microequities Asset Management Group Ltd?

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

MAM.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: April 18, 2025

Report Source: 2025 2nd Quarter Report

Microequities Asset Management Group Ltd. Stock Analysis MAM.AX

Australia Financials Nano Cap Report: Q2, 2025

Microequities Asset Management Group Ltd. engages in the provision of investment management services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2018-04-30. The firm operates in the provision of fund management services with the objective of offering investment funds to wholesale and sophisticated investors. Its subsidiaries include Microequities Asset Management Pty Ltd, Microequities Venture Capital Pty Ltd, and Microequities Private Equity Asset Management Pty Ltd. Microequities Asset Management Pty Limited is the trustee of the Company.

Key Statistics of Microequities Asset Management Group Ltd (MAM.AX)

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

Today's Range

AUD0.41AUD0.42

Today's Open

AUD0.42

Volume

113.23K

P/E Ratio (TTM)

7.49

52 Week Range

AUD0.41AUD0.62

Market Cap

54.22M

Avg. Volume

50.55K

Dividend Yield

9.66%

Financial Metrics & Statements of Microequities Asset Management Group Ltd (MAM.AX)

FAQ's for Microequities Asset Management Group Ltd (MAM.AX)

According to Musaffa’s Shariah screening methodology, Microequities Asset Management Group Ltd (MAM.AX) is currently classified as DOUBTFUL 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.