Is Rivco Australia Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rivco Australia Ltd (RIV.AX) is currently classified as HALAL 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 Rivco Australia 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 Rivco Australia Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rivco Australia Ltd?

Muslim investors may consider investing in Rivco Australia 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 Rivco Australia Ltd classified as HALAL?

Musaffa determines the Shariah status of Rivco Australia 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 Rivco Australia Ltd updated?

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

Can a halal stock like Rivco Australia 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 Rivco Australia Ltd?

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

RIV.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated:

Report Source: undefined Quarter Report

Rivco Australia Ltd. Stock Analysis RIV.AX

Australia Utilities Micro Cap

Rivco Australia Ltd is a AU-based company operating in Water Utilities industry. The company is headquartered in City Of Unley, South Australia and currently employs 0 full-time employees. The company went IPO on 2016-09-16. Rivco Australia Limited, formerly Duxton Water Limited, is an Australia-based company. The firm owns and manages a portfolio of water entitlements, providing the irrigation community with a broad range of water supply solutions. The primary investment objective of the Company is to build a portfolio of permanent water entitlements and utilize this portfolio to provide flexible water supply solutions to its Australian farming partners. The company provides investors with direct exposure to the Australian water market. The firm owns and actively manages a diverse portfolio of water assets, primarily located in the Southern Murray Darling Basin (SMDB) region of Australia. The firm is engaged in providing irrigators with a range of water supply solutions and resource risk management tools. The firm holds approximately 91.5 gigalitres (GL) of permanent water entitlements. Duxton Capital (Australia) Pty Ltd. is the investment manager of the Company.

Key Statistics of Rivco Australia Ltd (RIV.AX)

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

Today's Range

AUD1.42AUD1.46

Today's Open

AUD1.42

Volume

57.36K

P/E Ratio (TTM)

10.49

52 Week Range

AUD1.40AUD1.50

Market Cap

250.13M

Avg. Volume

Dividend Yield

4.42%

Financial Metrics & Statements of Rivco Australia Ltd (RIV.AX)

FAQ's for Rivco Australia Ltd (RIV.AX)

According to Musaffa’s Shariah screening methodology, Rivco Australia Ltd (RIV.AX) is currently classified as HALAL 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.