As of August 2026, SOCO Corporation Ltd is classified as halal.
HALAL
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SOCO Corporation Ltd. Stock Analysis SOC.AX
Australia Information Technology Nano Cap
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.
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Financial Metrics & Statements of SOCO Corporation Ltd (SOC.AX)
FAQ's for SOCO Corporation Ltd (SOC.AX)
As of August 2026, SOCO Corporation Ltd SOC.AX is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
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.
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.
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.
The Shariah compliance status of SOCO Corporation Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
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.
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