Is Memphasys Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Memphasys Ltd (MEM.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.

Is Memphasys 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 Memphasys Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Memphasys Ltd?

Muslim investors may consider investing in Memphasys 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 Memphasys Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Memphasys 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 Memphasys Ltd updated?

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

Can a halal stock like Memphasys 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 Memphasys Ltd?

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

MEM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Memphasys Ltd. Stock Analysis MEM.AX

Australia Health Care Nano Cap Report: Q2, 2025

Memphasys Ltd. is a life sciences company, which engages in the development and commercialization of novel reproduction and fertility solutions for humans and animals. The company is headquartered in Homebush West, New South Wales. The company went IPO on 2007-05-14. The firm is engaged in developing medical devices, diagnostics, and media with application to assisted reproductive technology (ART) in humans and animals. The firm's product pipeline includes Felix, RoXsta, and AI-Port. Its advanced product, the Felix System, is a patented automated device for quickly and gently separating sperm from a semen sample for use in ART procedures. The Felix device consists of two main components: a console, which supplies electrical power, and a sterile disposable cartridge for sperm isolation and selection. RoXsta is an in-vitro diagnostic device that assesses semen and other bodily fluids for oxidative stress load. RoXsta also has an application as part of a suite of products that can support the animal industry. AI-Port has been developed for the purpose of maintaining the viability of livestock semen for up to seven days at a temperature range of 22 - 25 degrees Celsius.

Key Statistics of Memphasys Ltd (MEM.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

3.61M

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.01

Market Cap

15.66M

Avg. Volume

965.96K

Dividend Yield

Financial Metrics & Statements of Memphasys Ltd (MEM.AX)

FAQ's for Memphasys Ltd (MEM.AX)

According to Musaffa’s Shariah screening methodology, Memphasys Ltd (MEM.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.