Is Platformo Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Platformo Ltd (PFM.AX) is currently classified as NOT COVERED as of May 2026. 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 Platformo 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 Platformo Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Platformo Ltd?

Muslim investors may consider investing in Platformo 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 Platformo Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Platformo 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 Platformo Ltd updated?

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

Can a halal stock like Platformo 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 Platformo Ltd?

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

Platformo Ltd. Stock Analysis PFM.AX

Australia Information Technology Nano Cap

Platformo Ltd. operates as an investment company that invests in wireless and information technology for the rural and remote markets in Asia. The company is headquartered in Sydney, New South Wales. The company went IPO on 2017-11-30. Its segment includes Australia and Malaysia. Malaysia segment is engaged in operations and technology development. The company manages its operating business, through Biztrak Business Solutions Sdn Bhd (Biztrak). Biztrak is a software development and distribution business operating in Asia, which is also involved in hardware and networking businesses. The company is based in Malaysia and has customers in several Asian countries. Its products include accounting software that complies with goods & services tax (GST) and value-added tax (VAT) regulations, and the international financial reporting standards (IFRS), asset management and warehouse management software, and human resources and staffing software. The Company, through iFREE Group Limited, provides mobile service. iFREE Group Limited specializes in a range of communication solutions for digitally connected international travelers.

Key Statistics of Platformo Ltd (PFM.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

965.00

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.04

Market Cap

2.94M

Avg. Volume

3.37M

Dividend Yield

Financial Metrics & Statements of Platformo Ltd (PFM.AX)

FAQ's for Platformo Ltd (PFM.AX)

According to Musaffa’s Shariah screening methodology, Platformo Ltd (PFM.AX) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.