MCE.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Matrix Composites & Engineering Ltd

Matrix Composites & Engineering Ltd. Stock Analysis MCE.AX

Australia Energy Micro Cap Report:
Matrix Composites & Engineering Ltd. engages in the design, engineering, and manufacture of composite and material technology solutions. The company is headquartered in Perth, Western Australia. The company went IPO on 2009-11-16. The Company’s principal activities include the manufacture and supply of capital drilling equipment (primarily comprised of syntactic foam buoyancy) and provision of inspection, maintenance and repair services to the oil and gas sector; manufacture and supply of subsea umbilical risers and flowline (SURF), ancillary equipment and associated services; manufacture and supply of VIV suppression equipment for rigid pipelines; manufacture and supply of well construction products, including centralizers and conductors; distribution of epoxy based coating system and related equipment hire and technical support, and consultancy for, and manufacture of, advanced composite materials and products for the defense, energy, resource and transport sectors.
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Matrix Composites & Engineering Ltd (MCE.AX) Chart

Key Statistics of Matrix Composites & Engineering Ltd (MCE.AX)

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

Today's Range

AUD0.39AUD0.39

Today's Open

AUD0.39

Volume

6984.00

P/E Ratio (TTM)

-

52 Week Range

AUD0.17AUD0.40

Market Cap

87.63M

Avg. Volume

6198.00

Dividend Yield

-

Financial Metrics & Statements of Matrix Composites & Engineering Ltd (MCE.AX)

FAQ's for Matrix Composites & Engineering Ltd (MCE.AX)

  • According to Musaffa’s Shariah screening methodology, Matrix Composites & Engineering Ltd (MCE.AX) is currently classified as NOT 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.

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