Is Micro-X Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Micro-X Ltd (MX1.AX) is currently classified as 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 Micro-X 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 Micro-X Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Micro-X Ltd?

Muslim investors may consider investing in Micro-X 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 Micro-X Ltd classified as HALAL?

Musaffa determines the Shariah status of Micro-X 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 Micro-X Ltd updated?

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

Can a halal stock like Micro-X 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 Micro-X Ltd?

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

MX1.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 28, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Micro-X Ltd (MX1.AX)

Based on 5 analysts giving stock ratings to Micro-X Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Micro-X Ltd. Stock Analysis MX1.AX

Australia Health Care Nano Cap Report: Q2, 2025

Micro-X Ltd. manufactures, designs, and develops products for the global healthcare and security markets utilizing Micro-X’s proprietary cold cathode X-ray technology. The company is headquartered in Adelaide, South Australia. The company went IPO on 2015-12-22. The electronic control emitters with this technology enable X-ray products with significant reduction in size, weight and power requirements, enabling mobility and ease of use in existing x-ray markets and in security applications. Its products include Rover Plus mobile X-ray, Head CT for mobile stroke diagnosis, Full Body CT for mobile CT scanning applications, Checkpoints for airports and Baggage scanner. The firm has operations in Australia and the United States (Micro-X Inc) and the United Kingdom (Micro-X UK Operation Limited). The Company’s mobile digital radiology products are sold for diagnostic imaging in global healthcare, military and veterinary applications.

Key Statistics of Micro-X Ltd (MX1.AX)

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

Today's Range

AUD0.05AUD0.05

Today's Open

AUD0.05

Volume

313.16K

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.12

Market Cap

41.56M

Avg. Volume

30.52K

Dividend Yield

Financial Metrics & Statements of Micro-X Ltd (MX1.AX)

FAQ's for Micro-X Ltd (MX1.AX)

According to Musaffa’s Shariah screening methodology, Micro-X Ltd (MX1.AX) is currently classified as 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.