Is Sparc Technologies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sparc Technologies Ltd (SPN.AX) is currently classified as DOUBTFUL as of August 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 Sparc Technologies 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 Sparc Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sparc Technologies Ltd?

Muslim investors may consider investing in Sparc Technologies 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 Sparc Technologies Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Sparc Technologies 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 Sparc Technologies Ltd updated?

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

Can a halal stock like Sparc Technologies 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 Sparc Technologies Ltd?

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

SPN.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: August 01, 2025

Report Source: 2025 2nd Quarter Report

Sparc Technologies Ltd. Stock Analysis SPN.AX

Australia Materials Nano Cap Report: Q2, 2025

Sparc Technologies Ltd. engages in the research and development of technologies for environmental and biomedical applications. The company is focused on developing new technologies in graphene additive materials, photocatalytic green hydrogen and sodium-ion batteries, which have a positive impact on climate change and sustainability. The company is developing a portfolio of sustainable technologies focused on the renewable energy sector. Its Graphene is a two-dimensional (2D) material made of carbon atoms arranged in a hexagonal lattice which creates properties capable of transforming and disrupting global industries. Its graphene materials include Ecosparc and Biosparc. Ecosparc is a graphene-based additive used to protect steel assets from corrosion. Biosparc is graphene-enhanced polymer technology.

Key Statistics of Sparc Technologies Ltd (SPN.AX)

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

Today's Range

AUD0.22AUD0.24

Today's Open

AUD0.23

Volume

412.84K

P/E Ratio (TTM)

52 Week Range

AUD0.14AUD0.42

Market Cap

44.32M

Avg. Volume

25.87K

Dividend Yield

Financial Metrics & Statements of Sparc Technologies Ltd (SPN.AX)

FAQ's for Sparc Technologies Ltd (SPN.AX)

According to Musaffa’s Shariah screening methodology, Sparc Technologies Ltd (SPN.AX) is currently classified as DOUBTFUL as of August 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.