Is Smartgroup Corporation Ltd halal to invest in?

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

Can Muslims buy shares of Smartgroup Corporation Ltd?

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

Musaffa determines the Shariah status of Smartgroup 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 Smartgroup Corporation Ltd updated?

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

Can a halal stock like Smartgroup 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 Smartgroup Corporation Ltd?

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

SIQ.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 26, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for Smartgroup Corporation Ltd (SIQ.AX)

Based on 11 analysts giving stock ratings to Smartgroup Corporation Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Smartgroup Corporation Ltd. Stock Analysis SIQ.AX

Australia Industrials Small Cap Report: Q2, 2026

Smartgroup Corp. Ltd. engages in the provision of employee benefits and workforce optimization services. The company is headquartered in Sydney, New South Wales and currently employs 909 full-time employees. The company went IPO on 2014-07-02. The firm operates through three segments: Outsourced administration (OA), Vehicle services (VS), and Software, distribution, and group services (SDGS). The OA segment provides outsourced salary packaging services, novated leasing and associated products, and outsourced payroll services. The VS segment provides end-to-end fleet management services. The SDGS segment provides salary packaging software solutions, the marketing of salary packaging debit cards, distribution of vehicle insurance and workforce management software to the healthcare industry. The firm operates through a portfolio of brands including Smartsalary, Smartleasing, Smartfleet, Smartsalary Payroll Solutions, Autopia, Advantage Salary Packaging, AccessPay, PBI Solutions and Health-e Workforce Solutions.

Key Statistics of Smartgroup Corporation Ltd (SIQ.AX)

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

Today's Range

AUD10.97AUD11.29

Today's Open

AUD10.99

Volume

759.94K

P/E Ratio (TTM)

15.60

52 Week Range

AUD7.10AUD11.32

Market Cap

1.27B

Avg. Volume

78.16K

Dividend Yield

5.47%

Financial Metrics & Statements of Smartgroup Corporation Ltd (SIQ.AX)

FAQ's for Smartgroup Corporation Ltd (SIQ.AX)

According to Musaffa’s Shariah screening methodology, Smartgroup Corporation Ltd (SIQ.AX) is currently classified as HALAL as of April 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.