Is Mirvac Group halal to invest in?

As of October 2026, Mirvac Group MGR.AX is classified as not 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.

Is Mirvac Group 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 Mirvac Group using these criteria to determine its compliance status.

Can Muslims buy shares of Mirvac Group?

Muslim investors may consider investing in Mirvac Group 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 Mirvac Group classified as NOT HALAL?

Musaffa determines the Shariah status of Mirvac Group 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 Mirvac Group updated?

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

Can a halal stock like Mirvac Group 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 Mirvac Group?

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

Is Mirvac Group Stock Halal?

Shariah Compliance Analysis of MGR.AX Stock

Australia Real Estate Mid Cap

No. As of October 2026, Mirvac Group (MGR.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mirvac Group does not pass Musaffa's business and financial screening criteria.

Mirvac Group engages in real estate investment, development, third party capital management, and property asset management. The company is headquartered in Sydney, New South Wales and currently employs 1,651 full-time employees. The company owns and manages assets across the residential, office and industrial, retail and build to rent sectors. The Company’s residential properties include apartments, town homes, houses, and land. The company has residential apartment projects and communities across New South Wales, Queensland, Victoria & Western Australia. Its portfolio of office properties includes 101-103 Miller Street, North Sydney; 410 Ann Street, Brisbane; Locomotive Workshop, South Eveleigh; 380 St Kilda Road, Melbourne; 31 Market Street, Sydney; Olderfleet, 477 Collins Street, Melbourne; 55 Pitt Street, Sydney, and others. Its portfolio of industrial properties includes 36 Gow Street, Padstow and 39 Herbert Street, St Leonards. Its Birkenhead Point Brand Outlet is situated five kilometers from Sydney CBD on a prime 3.7-hectare waterfront site.

Mirvac Group MGR.AX

AUD1.79 AUD0.02 (1.13%) 1D

Last Updated: Oct 06, 12:00 AM·ASX

Pricing for AU stocks is delayed by 24 hours

MGR.AX Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Mirvac Group is classified as not halal.

NOT HALAL

Mirvac Group (MGR.AX) Chart

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Financial Metrics & Statements of Mirvac Group (MGR.AX)

FAQ's for Mirvac Group (MGR.AX)

As of October 2026, Mirvac Group MGR.AX is classified as not 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 Mirvac Group using these criteria to determine its compliance status.
Muslim investors may consider investing in Mirvac Group 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 Mirvac Group 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 Mirvac Group 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 Mirvac Group on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.