Yes. As of October 2026, MedAdvisor Ltd (MDR.AX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. MedAdvisor Ltd passes Musaffa's business and financial screening criteria.
MedAdvisor Ltd. engages in the provision of pharmacy-driven, innovative patient engagement solutions that simplify the patient medication journey to empower better health. Leveraging THRiV, a cloud-based, artificial intelligence (AI)-enabled platform, the Company enables the pharmacy with an improved pharmacy workflow and patient engagement solutions. THRiV analyzes hundreds of data points, from prescription history to socioeconomic factors, to anticipate patient needs. This technology allows the Company to deliver personalized strategies tailored to each individual. Its integrated platform provides users to manage, distribute and access medication information, including product information (PIs), consumer medicine information (CMIs) or patient leaflets (PL), instructions for use (IFUs) leaflets or videos, in real time. The firm's subsidiaries include MedAdvisor Welam USA Inc. and Adheris, LLC.
MedAdvisor Ltd MDR.AX
AUD0.02 AUD0.00 (8.70%) 1D
Last Updated: Mar 13, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
MDR.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, MedAdvisor Ltd is classified as halal.
HALAL
MedAdvisor Ltd (MDR.AX) Chart
Fetching Price Chart...
Financial Metrics & Statements of MedAdvisor Ltd (MDR.AX)
FAQ's for MedAdvisor Ltd (MDR.AX)
As of October 2026, MedAdvisor Ltd MDR.AX is classified as halal 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 MedAdvisor Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in MedAdvisor 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 MedAdvisor 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 MedAdvisor 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 MedAdvisor Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to MedAdvisor Ltd (MDR.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.