Is SOCO Corporation Ltd halal to invest in?

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

Can Muslims buy shares of SOCO Corporation Ltd?

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

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

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

Can a halal stock like SOCO 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 SOCO Corporation Ltd?

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

SOC.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 28, 2025

Report Source: 2025 2nd Quarter Report

SOCO Corporation Ltd. Stock Analysis SOC.AX

Australia Information Technology Nano Cap Report: Q2, 2025

SOCO Corp. Ltd. engages in the provision of information technology (IT) consultancy services. The company is headquartered in Brisbane, Queensland. The company went IPO on 2022-12-23. The firm specializes in the delivery of cloud solutions, business applications and integration projects with a focus on Microsoft solutions. The company serves various industries, including the government, health care, construction, energy, mining and resources, and education. The Company’s technologies include Microsoft 365, Microsoft Dynamics 365, Business Central, SharePoint, Microsoft Teams, Power Platform, Power Automate, Power Apps, Power BI, Office 365, Nintex, Dynamics 365 Sales, Dynamics 365 Marketing, Dynamics 365 Customer Service, Dynamics 365 Project Operations, Dynamics 365 Field Services, Copilot for Microsoft 365, ServiceNow, Microsoft Dataverse, Azure Preview, among others.

Key Statistics of SOCO Corporation Ltd (SOC.AX)

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

Today's Range

AUD0.05AUD0.05

Today's Open

AUD0.05

Volume

39.90K

P/E Ratio (TTM)

102.05

52 Week Range

AUD0.05AUD0.08

Market Cap

6.97M

Avg. Volume

320.00

Dividend Yield

12.48%

Financial Metrics & Statements of SOCO Corporation Ltd (SOC.AX)

FAQ's for SOCO Corporation Ltd (SOC.AX)

According to Musaffa’s Shariah screening methodology, SOCO Corporation Ltd (SOC.AX) is currently classified as HALAL as of July 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.