Is Steadfast Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Steadfast Group Ltd (SDF.AX) is currently classified as NOT 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 Steadfast Group 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 Steadfast Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Steadfast Group Ltd?

Muslim investors may consider investing in Steadfast Group 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 Steadfast Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Steadfast Group 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 Steadfast Group Ltd updated?

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

Can a halal stock like Steadfast Group 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 Steadfast Group Ltd?

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

SDF.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 28, 2026

Report Source: 2026 2nd Quarter Report

Steadfast Group Ltd. Stock Analysis SDF.AX

Australia Financials Mid Cap Report: Q2, 2026

Steadfast Group Ltd. operates as an insurance broker, which provides services to Steadfast Network Brokers. The company is headquartered in Sydney, New South Wales and currently employs 86 full-time employees. The company went IPO on 2013-08-02. The firm includes the provision of services to Steadfast Network brokers, the distribution of insurance policies via insurance brokerages and underwriting agencies, and related services. Its segments include Broking, Underwriting Agencies, International, Technology, Complementary and Head Office. Its Complementary businesses comprise IQumulate Premium Funding, Steadfast Business Solutions, Steadfast Risk Group, Goldseal and Meridian Lawyer. The company owns a portfolio of approximately 30 underwriting agencies providing specialist insurance products in niche market segments to the open market. The company also owns Lloyds broking house, HWS Specialty, offering wholesale placement for brokers and agents around the world as well as direct insurance solutions. Its portfolio includes personal insurance, strata insurance, commercial property, liability and others.

Key Statistics of Steadfast Group Ltd (SDF.AX)

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

Today's Range

AUD3.95AUD4.03

Today's Open

AUD4.00

Volume

1.84M

P/E Ratio (TTM)

13.07

52 Week Range

AUD3.87AUD6.67

Market Cap

4.64B

Avg. Volume

618.15K

Dividend Yield

4.15%

Financial Metrics & Statements of Steadfast Group Ltd (SDF.AX)

FAQ's for Steadfast Group Ltd (SDF.AX)

According to Musaffa’s Shariah screening methodology, Steadfast Group Ltd (SDF.AX) is currently classified as NOT 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.