Myer Holdings Ltd MYGSF
MYGSF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Myer Holdings Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Myer Holdings Ltd. Stock Analysis MYGSF
United States Consumer Discretionary Micro Cap Myer Holdings Ltd. engages in the business of operating department stores. The company is headquartered in Melbourne, Victoria. The company went IPO on 2009-11-02. Its segments include Myer Retail and Myer Apparel Brands. Myer Retail segment includes store and online sales made under the brands: Myer, sass & bide, Marcs and David Lawrence. Myer Apparel Brands include stores and online sales made under the brands: Just Jeans, Dotti, Jacqui E, Portmans and Jay Jays. Its merchandise offer includes core product categories: Womenswear; Menswear; Childrenswear; Beauty; Homewares; Electrical Goods; Toys and General Merchandise. The firm operates approximately 56 department stores across Australia, as well as its online business: myer.com.au. Its subsidiaries include NB Elizabeth Pty Ltd, NB Russell Pty Ltd, NB Lonsdale Pty Ltd, NB Collins Pty Ltd, Warehouse Solutions Pty Ltd, Myer Group Pty Ltd, Myer Pty Ltd, Myer Group Finance Limited, The Myer Emporium Pty Ltd and others.
Myer Holdings Ltd (MYGSF) Chart
Financial Metrics & Statements of Myer Holdings Ltd (MYGSF)
FAQ's for Myer Holdings Ltd (MYGSF)
- As of August 2026, Myer Holdings Ltd MYGSF 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 Myer Holdings Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Myer Holdings 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 Myer Holdings 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 Myer Holdings 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 Myer Holdings Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Myer Holdings Ltd (MYGSF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
