Is Pharmx Technologies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Pharmx Technologies Ltd (PHX.AX) is currently classified as HALAL as of October 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 Pharmx Technologies 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 Pharmx Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Pharmx Technologies Ltd?

Muslim investors may consider investing in Pharmx Technologies 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 Pharmx Technologies Ltd classified as HALAL?

Musaffa determines the Shariah status of Pharmx Technologies 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 Pharmx Technologies Ltd updated?

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

Can a halal stock like Pharmx Technologies 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 Pharmx Technologies Ltd?

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

PHX.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 23, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Pharmx Technologies Ltd (PHX.AX)

Based on 5 analysts giving stock ratings to Pharmx Technologies Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Pharmx Technologies Ltd. Stock Analysis PHX.AX

Australia Information Technology Nano Cap Report: 2025 Annual

PharmX Technologies Ltd. engages in the research and development of software solutions. The company is headquartered in Sydney, New South Wales. The firm offers PharmX, an electronic gateway that links pharmacies, pharmaceutical wholesalers and direct suppliers within the pharmacy market, and PharmXchange, a digital sales and marketing platform integrated with PharmX. The firm is also focused on creating a more productive environment for pharmacies and suppliers, with additional ordering functions, such as stock checks, credits, and auto account set up direct from their point of sale (POS) system. Its subsidiaries include PharmXchange Pty Ltd, PharmX eCommerce Pty Ltd, Corum Systems Pty Ltd, and PharmX Trainings Pty Ltd, among others.

Key Statistics of Pharmx Technologies Ltd (PHX.AX)

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

Today's Range

AUD0.11AUD0.12

Today's Open

AUD0.12

Volume

147.36K

P/E Ratio (TTM)

52 Week Range

AUD0.08AUD0.20

Market Cap

55.39M

Avg. Volume

440.02K

Dividend Yield

Financial Metrics & Statements of Pharmx Technologies Ltd (PHX.AX)

FAQ's for Pharmx Technologies Ltd (PHX.AX)

According to Musaffa’s Shariah screening methodology, Pharmx Technologies Ltd (PHX.AX) is currently classified as HALAL as of October 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.