Is NGE Capital Ltd halal to invest in?

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

Can Muslims buy shares of NGE Capital Ltd?

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

Musaffa determines the Shariah status of NGE Capital 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 NGE Capital Ltd updated?

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

Can a halal stock like NGE Capital 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 NGE Capital Ltd?

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

NGE.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 28, 2025

Report Source: 2024 Annual Report

NGE Capital Ltd. Stock Analysis NGE.AX

Australia N/A Nano Cap Report: 2024 Annual

NGE Capital Ltd is a AU-based company operating in industry. The company is headquartered in Melbourne, Victoria. The company went IPO on 2007-12-28. NGE Capital Limited is an Australia-based internally managed listed investment company. Its principal activities are to make investments in listed and unlisted securities. The company primarily focuses on the listed Australian Securities Exchange (ASX) and international equities, with the aim of generating risk-adjusted returns over the medium to long term. The Company’s investment strategy is to invest in a concentrated, high-conviction portfolio of financial assets with the aim of generating risk-adjusted returns over the medium-to long term. The company has a flexible investment mandate and invests according to a defined set of investment principles, including only investing in a compelling opportunity, otherwise holding cash; investing based on fundamental analysis; targeting investments that can generate returns with an adequate margin of safety, and aiming to hold a concentrated portfolio of high-conviction investments.

Key Statistics of NGE Capital Ltd (NGE.AX)

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

Today's Range

AUD1.31AUD1.31

Today's Open

AUD1.31

Volume

4566.00

P/E Ratio (TTM)

3.64

52 Week Range

AUD1.01AUD1.45

Market Cap

45.79M

Avg. Volume

6790.25

Dividend Yield

Financial Metrics & Statements of NGE Capital Ltd (NGE.AX)

FAQ's for NGE Capital Ltd (NGE.AX)

According to Musaffa’s Shariah screening methodology, NGE Capital Ltd (NGE.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.