Is Maxiparts Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Maxiparts Ltd (MXI.AX) is currently classified as NOT HALAL as of October 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 Maxiparts 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 Maxiparts Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Maxiparts Ltd?

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

Musaffa determines the Shariah status of Maxiparts 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 Maxiparts Ltd updated?

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

Can a halal stock like Maxiparts 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 Maxiparts Ltd?

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

MXI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Maxiparts Ltd (MXI.AX)

Based on 7 analysts giving stock ratings to Maxiparts Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Maxiparts Ltd. Stock Analysis MXI.AX

Australia Industrials Micro Cap Report: 2025 Annual

MaxiPARTS Ltd. engages in the provision of production and supply of trailing transport equipment and solutions. The firm's product range includes commercial vehicle parts for trucks and trailers, automotive supplies and workshop consumables, catering to a diverse customer base across several industries. The company owns the brands, MaxiPARTS and Forch Australia. The firm's MaxiPARTS sells commercial vehicle parts and has around 27 stores situated across Australia. Its Forch Australia sells workshop consumables, predominantly focused on automotive and commercial vehicle workshops. The company provides various accessories, such as cable ties, cleaning and signage. The firm's electrical products include automotive globes, batteries, MAXUS and NARVA. The company provides fluid and filters products, including AdBlue, coolants, filtration and lubrication. Its axles and suspension products include air springs, axle assemblies and equalizers. Its key brands include Alemlube, Audioxtra, Castrol, Gates, Hella, and Cummins and Donaldson.

Key Statistics of Maxiparts Ltd (MXI.AX)

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

Today's Range

AUD1.53AUD1.53

Today's Open

AUD1.53

Volume

3502.00

P/E Ratio (TTM)

10.55

52 Week Range

AUD1.47AUD2.60

Market Cap

97.80M

Avg. Volume

51.77K

Dividend Yield

3.57%

Financial Metrics & Statements of Maxiparts Ltd (MXI.AX)

FAQ's for Maxiparts Ltd (MXI.AX)

According to Musaffa’s Shariah screening methodology, Maxiparts Ltd (MXI.AX) is currently classified as NOT HALAL as of October 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.