Is Nanollose Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nanollose Ltd (NC6.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 Nanollose 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 Nanollose Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nanollose Ltd?

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

Musaffa determines the Shariah status of Nanollose 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 Nanollose Ltd updated?

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

Can a halal stock like Nanollose 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 Nanollose Ltd?

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

NC6.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Nanollose Ltd. Stock Analysis NC6.AX

Australia Health Care Nano Cap Report: Q2, 2025

Nanollose Ltd. engages in research, development and promotion of nanocellulose technology. The company is headquartered in Nedlands, Western Australia. The company went IPO on 2017-10-18. The firm is engaged in commercializing scalable technology to create fibers, fabrics, and other novel materials with minimal environmental impact. Its eco-friendly fermentation process can use agricultural waste and by-products to produce cellulose, a versatile raw material traditionally produced from trees via the wood pulping process. Its products include Nullarbor and Jelli Grow. The firm uses tree-free cellulose as an input for its range of advanced biomaterials, including its Nullarbor fibers, MicroGel horticultural medium, and its emerging animal-free and plastic-free leather-like materials. Its Nullarbor Fiber is derived from sustainably grown microbial cellulose that is high in yield and produced within 10 to 15 days. Its Jelli Grow is an alternative seed germination and plant growing material made from the Company’s tree-free microbial cellulose.

Key Statistics of Nanollose Ltd (NC6.AX)

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

Today's Range

AUD0.08AUD0.08

Today's Open

AUD0.08

Volume

14.16K

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.09

Market Cap

27.02M

Avg. Volume

27.99K

Dividend Yield

Financial Metrics & Statements of Nanollose Ltd (NC6.AX)

FAQ's for Nanollose Ltd (NC6.AX)

According to Musaffa’s Shariah screening methodology, Nanollose Ltd (NC6.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.