Is Noviqtech Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Noviqtech Ltd (NVQ.AX) is currently classified as DOUBTFUL 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 Noviqtech 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 Noviqtech Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Noviqtech Ltd?

Muslim investors may consider investing in Noviqtech 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 Noviqtech Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Noviqtech 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 Noviqtech Ltd updated?

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

Can a halal stock like Noviqtech 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 Noviqtech Ltd?

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

NVQ.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 30, 2025

Report Source: 2024 Annual Report

Noviqtech Ltd. Stock Analysis NVQ.AX

Australia Information Technology Nano Cap Report: 2024 Annual

NoviqTech Ltd. engages in the provision of blockchain-based solutions. The company is headquartered in Sydney, New South Wales. The company went IPO on 2018-12-13. The firm is engaged in development and delivery of carbon reporting and guarantee of origin solutions. The firm leverages artificial intelligence and distributed ledger technology to offer trusted solutions for supply chain reporting, carbon emissions tracking, and guarantee of origin. Through its platforms, the Company supports organizations worldwide in making data-driven decisions and driving sustainable growth. The company consists of two brands, Carbon Central and NoviqAI. Carbon Central empowers businesses to seamlessly integrate carbon reporting, tokenization, or guarantee of origin initiatives into their operations. Its platform provides a comprehensive, adaptable solution designed to empower businesses to manage their sustainability projects, track emissions and energy use in real-time. NoviqAI offers end-to-end transparency and confirmation of product authenticity and processes throughout the entire value chain.

Key Statistics of Noviqtech Ltd (NVQ.AX)

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

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

4.50M

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.06

Market Cap

11.55M

Avg. Volume

108.11K

Dividend Yield

Financial Metrics & Statements of Noviqtech Ltd (NVQ.AX)

FAQ's for Noviqtech Ltd (NVQ.AX)

According to Musaffa’s Shariah screening methodology, Noviqtech Ltd (NVQ.AX) is currently classified as DOUBTFUL 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.