Is Pro-Pac Packaging Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Pro-Pac Packaging Ltd (PPG.AX) is currently classified as NOT HALAL as of July 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 Pro-Pac Packaging 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 Pro-Pac Packaging Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Pro-Pac Packaging Ltd?

Muslim investors may consider investing in Pro-Pac Packaging 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 Pro-Pac Packaging Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Pro-Pac Packaging 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 Pro-Pac Packaging Ltd updated?

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

Can a halal stock like Pro-Pac Packaging 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 Pro-Pac Packaging Ltd?

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

PPG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Pro-Pac Packaging Ltd (PPG.AX)

Based on 5 analysts giving stock ratings to Pro-Pac Packaging Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Pro-Pac Packaging Ltd. Stock Analysis PPG.AX

Australia Materials Nano Cap Report: Q2, 2025

Pro-Pac Packaging Ltd. engages in the manufacture and distribution of wrapping materials. The company is headquartered in Melbourne, Victoria. The company went IPO on 2005-04-27. The firm's segments include Flexibles and Specialty packaging. The Flexibles packaging segment primarily manufactures flexible packaging materials incorporating products such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films and industrial protective films. The Specialty packaging segment sources and distributes packaging materials and related consumer products. The firm delivers bespoke packaging solutions for a broad group of blue-chip and small and medium enterprise clients in the industrial, food and beverage, health, agriculture and manufacturing sectors. Its industrial and protective packaging products include hand stretch film, machine stretch wrap, shrink films, packaging tape, masking tape and steel strapping.

Key Statistics of Pro-Pac Packaging Ltd (PPG.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

480.54K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.02

Market Cap

3.27M

Avg. Volume

59.12K

Dividend Yield

Financial Metrics & Statements of Pro-Pac Packaging Ltd (PPG.AX)

FAQ's for Pro-Pac Packaging Ltd (PPG.AX)

According to Musaffa’s Shariah screening methodology, Pro-Pac Packaging Ltd (PPG.AX) is currently classified as NOT HALAL as of July 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.