No. As of October 2026, Paragon Care Ltd (PGC.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Paragon Care Ltd does not pass Musaffa's business and financial screening criteria.
Paragon Care Ltd. engages in supplying medical equipment to the health and aged care markets. The firm is a provider of medical equipment, devices, consumables, pharmaceuticals, complementary medicines, nutritional supplies, and manufacturer of Blood Bank diagnostic reagents to the healthcare markets in Australia, New Zealand and Asia. The Company’s geographical segments comprise Australia & New Zealand and Asia. The company also offers equipment repair, maintenance and total equipment management through ParagonCare Service & Technology. Its CH2 brand distributes pharmaceutical, medical consumables, nutritional and over the counter products medical equipment and medical supplies. Its product portfolio includes critical care, dental, diagnostic & scientific, medical products & consumables, neonatal, orthopedics, service, surgical, technology & connectivity, urology, veterinary and aesthetics. Its brands include ParagonCare Immulab, ParagonCare Veterinary, Medtek, and Western Biomedical.
Paragon Care Ltd PGC.AX
AUD0.15 AUD0.01 (3.57%) 1D
Last Updated: Oct 06, 12:00 AM·ASX
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PGC.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Paragon Care Ltd is classified as not halal.
NOT HALAL
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FAQ's for Paragon Care Ltd (PGC.AX)
As of October 2026, Paragon Care Ltd PGC.AX is classified as not halal 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 Paragon Care Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Paragon Care 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 Paragon Care 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 Paragon Care 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 Paragon Care 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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