Is Reliance Worldwide Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Reliance Worldwide Corporation Ltd (RWC.AX) is currently classified as HALAL as of March 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 Reliance Worldwide Corporation 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 Reliance Worldwide Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Reliance Worldwide Corporation Ltd?

Muslim investors may consider investing in Reliance Worldwide Corporation 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 Reliance Worldwide Corporation Ltd classified as HALAL?

Musaffa determines the Shariah status of Reliance Worldwide Corporation 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 Reliance Worldwide Corporation Ltd updated?

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

Can a halal stock like Reliance Worldwide Corporation 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 Reliance Worldwide Corporation Ltd?

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

RWC.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 26, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for Reliance Worldwide Corporation Ltd (RWC.AX)

Based on 19 analysts giving stock ratings to Reliance Worldwide Corporation Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Reliance Worldwide Corporation Ltd. Stock Analysis RWC.AX

Australia Industrials Small Cap Report: Q2, 2026

Reliance Worldwide Corp. Ltd. engages in the water technology business. The company is headquartered in Melbourne, Victoria and currently employs 2,497 full-time employees. The company went IPO on 2016-04-29. Its principal product categories include plumbing solutions, appliance installation solutions, and Other products. Its plumbing solutions include brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves and integrated installation solutions. Its appliance installation solutions include fluid tech and appliance installation and repair. The firm's brands include JG Speedfit, HoldRite, and SharkBite. Its geographical segments include the Americas, Asia Pacific, and EMEA. The Asia Pacific segment includes Australia, New Zealand, Korea, and China. The EMEA segment includes the United Kingdom, Germany, Spain, Italy, Poland, France, and the Czech Republic. The Americas segment includes the United States of America and Canada.

Key Statistics of Reliance Worldwide Corporation Ltd (RWC.AX)

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

Today's Range

AUD3.06AUD3.13

Today's Open

AUD3.13

Volume

1.11M

P/E Ratio (TTM)

13.82

52 Week Range

AUD2.86AUD4.87

Market Cap

2.40B

Avg. Volume

691.43K

Dividend Yield

2.25%

Financial Metrics & Statements of Reliance Worldwide Corporation Ltd (RWC.AX)

FAQ's for Reliance Worldwide Corporation Ltd (RWC.AX)

According to Musaffa’s Shariah screening methodology, Reliance Worldwide Corporation Ltd (RWC.AX) is currently classified as HALAL as of March 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.