Is Southern Cross Media Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Southern Cross Media Group Ltd (SXL.AX) is currently classified as NOT HALAL as of October 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 Southern Cross Media 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 Southern Cross Media Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Southern Cross Media Group Ltd?

Muslim investors may consider investing in Southern Cross Media 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 Southern Cross Media Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Southern Cross Media 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 Southern Cross Media Group Ltd updated?

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

Can a halal stock like Southern Cross Media 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 Southern Cross Media Group Ltd?

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

SXL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Southern Cross Media Group Ltd (SXL.AX)

Based on 8 analysts giving stock ratings to Southern Cross Media Group Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Southern Cross Media Group Ltd. Stock Analysis SXL.AX

Australia Communication Services Micro Cap Report: 2025 Annual

Southern Cross Media Group Ltd. engages in the creation of audio content for distribution on networks. The company is headquartered in South Melbourne, Victoria and currently employs 1,215 full-time employees. The company went IPO on 2005-11-17. The firm has a presence across broadcast television, audio, publishing, and digital. The firm is engaged in the creation of audio content for distribution on broadcast (AM, FM and DAB radio) and digital networks. The firm owns various media brands, including the Seven Network and its channels 7two, 7mate, 7flix and 7Bravo; as well as 7plus, 7NEWS.com.au, LiSTNR, the Hit and Triple M audio networks, The West Australian, The Sunday Times, PerthNow, The Nightly and Roam. The firm also owns approximately 104 radio Hit and Triple M stations across FM, AM and DAB+ and provides national sales representation for a further 56 regional radio stations. LiSTNR is a free, personalized audio app offering the radio, podcasts, music, and sport. LiSTNR delivers a daily feed of curated content, making it easier than ever to discover new audio experiences designed just for you.

Key Statistics of Southern Cross Media Group Ltd (SXL.AX)

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

Today's Range

AUD0.54AUD0.57

Today's Open

AUD0.57

Volume

248.17K

P/E Ratio (TTM)

29.69

52 Week Range

AUD0.53AUD0.94

Market Cap

287.27M

Avg. Volume

52.19K

Dividend Yield

3.52%

Financial Metrics & Statements of Southern Cross Media Group Ltd (SXL.AX)

FAQ's for Southern Cross Media Group Ltd (SXL.AX)

According to Musaffa’s Shariah screening methodology, Southern Cross Media Group Ltd (SXL.AX) is currently classified as NOT HALAL as of October 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.