No. As of October 2026, Prime Financial Group Ltd (PFG.AX) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Prime Financial Group Ltd does not fully pass Musaffa's business and financial screening criteria.
Prime Financial Group Ltd. is a financial services and advisory company, which delivers wealth management services. The company is headquartered in Southbank, Victoria. The company went IPO on 2004-12-07. The Company’s segments include Accounting & Business Advisory, Corporate Advisory, Wealth Management including Asset Management, and Self-Managed Super Funds (SMSF). The Accounting & Business Advisory includes accounting & tax compliance, business growth advisory & strategy, and remuneration services, among others. The Corporate Advisory segment includes equity and debt capital advisory, finance, corporate development, M&A and valuation services. Its SMSF segment provides advice, establishment, administration & compliance Services. Its services are wealth management, capital and corporate advisory, accounting and business advisory, SMSF administration, alternative asset management, and private credit and alternatives. Its wealth management services include financial planning, retirement and planning, life insurance, investment advice and wholesale investment opportunities.
Prime Financial Group Ltd PFG.AX
AUD0.19
Last Updated: Oct 09, 12:00 AM·ASX
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PFG.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Prime Financial Group Ltd is classified as doubtful.
DOUBTFUL
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FAQ's for Prime Financial Group Ltd (PFG.AX)
As of October 2026, Prime Financial Group Ltd PFG.AX is classified as doubtful 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 Prime Financial Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Prime Financial Group 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 Prime Financial Group 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 Prime Financial Group 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 Prime Financial Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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