Is Rubicon Water Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rubicon Water Ltd (RWL.AX) is currently classified as HALAL as of April 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 Rubicon Water 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 Rubicon Water Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rubicon Water Ltd?

Muslim investors may consider investing in Rubicon Water 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 Rubicon Water Ltd classified as HALAL?

Musaffa determines the Shariah status of Rubicon Water 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 Rubicon Water Ltd updated?

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

Can a halal stock like Rubicon Water 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 Rubicon Water Ltd?

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

RWL.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 16, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Rubicon Water Ltd (RWL.AX)

Based on 5 analysts giving stock ratings to Rubicon Water Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Rubicon Water Ltd. Stock Analysis RWL.AX

Australia Industrials Nano Cap Report: Q2, 2025

Rubicon Water Ltd. designs, manufactures, installs and maintains irrigation automation software and hardware. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-09-02. The firm is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. Its geographical segments include ANZ, Asia, and ROW (Rest of World). The Company’s solutions include Irrigation District Solutions, Farm Solutions, and FarmConnect Software. Its Irrigation District Solutions include total channel control, low-energy pipeline, site management solution, water efficiency, flow measurement, water level measurement, climate measurement, operations management software, and others. Its Farm Solutions include high performance surface irrigation, irrigation automation solutions, and precise irrigation scheduling. FarmConnect software is the Web application used to monitor crops and manage irrigation with wireless soil moisture probes, BayDrives and BladeValves in the field.

Key Statistics of Rubicon Water Ltd (RWL.AX)

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

Today's Range

AUD0.10AUD0.11

Today's Open

AUD0.10

Volume

25.00K

P/E Ratio (TTM)

52 Week Range

AUD0.10AUD0.31

Market Cap

30.10M

Avg. Volume

6236.75

Dividend Yield

Financial Metrics & Statements of Rubicon Water Ltd (RWL.AX)

FAQ's for Rubicon Water Ltd (RWL.AX)

According to Musaffa’s Shariah screening methodology, Rubicon Water Ltd (RWL.AX) is currently classified as HALAL as of April 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.