Is Raiz Invest Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Raiz Invest Ltd (RZI.AX) is currently classified as DOUBTFUL 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 Raiz Invest 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 Raiz Invest Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Raiz Invest Ltd?

Muslim investors may consider investing in Raiz Invest 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 Raiz Invest Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Raiz Invest 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 Raiz Invest Ltd updated?

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

Can a halal stock like Raiz Invest 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 Raiz Invest Ltd?

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

RZI.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Raiz Invest Ltd (RZI.AX)

Based on 5 analysts giving stock ratings to Raiz Invest Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Raiz Invest Ltd. Stock Analysis RZI.AX

Australia Financials Nano Cap Report: Q2, 2025

Raiz Invest Ltd. engages in providing financial services and products through its mobile-first micro-investing platform. The company is headquartered in Sydney, New South Wales. The company went IPO on 2018-06-21. The firm's platform provides its customers with a way to invest both small or large amounts of money regularly, utilizing the Raiz mobile application or the Raiz Website in Australia. The Raiz platform can invest in the most recognized stocks on the ASX, ETFs, Bitcoin, and the Raiz Residential Property Fund. The firm's products include Raiz Rewards, Raiz Kids, Raiz Property Fund, Raiz Jars, and Offsetters.

Key Statistics of Raiz Invest Ltd (RZI.AX)

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

Today's Range

AUD0.60AUD0.61

Today's Open

AUD0.60

Volume

69.59K

P/E Ratio (TTM)

52 Week Range

AUD0.53AUD0.96

Market Cap

61.65M

Avg. Volume

7679.40

Dividend Yield

Financial Metrics & Statements of Raiz Invest Ltd (RZI.AX)

FAQ's for Raiz Invest Ltd (RZI.AX)

According to Musaffa’s Shariah screening methodology, Raiz Invest Ltd (RZI.AX) is currently classified as DOUBTFUL 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.