Yes. As of September 2026, PARKD Ltd (PKD.AX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. PARKD Ltd passes Musaffa's business and financial screening criteria.
Parkd Ltd. engages in the development of lightweight concrete modular car parking system. The company is headquartered in Perth, Western Australia. The company went IPO on 2017-12-06. The company acts as a technology-enabled building solution provider, specialist building solutions consultant and as a general building contractor. The company has created a modular, multi-story carpark structure called the PARKD Car Park System. The company is engaged in the provision of technical services in relation to the design and construction of modular car parks, further developing and innovating the PARKD modular system and application thereof to construction projects. Its core intellectual property (IP) is utilized in its prefabricated construction solution, the PARKD Car Park Structural System, specifically developed for commercial and industrial applications. The PARKD Car Park System offers opportunities to assemble parking structures to maximize property utilization and is designed for single or multi-rise arrangements for up to six levels. The company has IP rights to aspects of an advanced lightweight concrete modular car parking system.
PARKD Ltd PKD.AX
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Last Updated: Sep 15, 12:00 AM·ASX
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PKD.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, PARKD Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
PARKD Ltd (PKD.AX) Chart
Financial Metrics & Statements of PARKD Ltd (PKD.AX)
FAQ's for PARKD Ltd (PKD.AX)
As of September 2026, PARKD Ltd PKD.AX is classified as 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 PARKD Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in PARKD 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 PARKD 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 PARKD 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 PARKD 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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