No. As of October 2026, Tasfoods Ltd (TFL.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tasfoods Ltd does not pass Musaffa's business and financial screening criteria.
TasFoods Ltd. engages in the processing, manufacture, and sale of Tasmanian-made products. The company is headquartered in Launceston, Tasmania. The Company’s segment includes Dairy, Poultry and Shared Services. Its poultry meat products are sold under the Nichols Poultry and Nichols Kitchen brands. The firm's brands include Pyengana Dairy and Nichols Poultry. Nichols Poultry provides air chilled chicken and onsite wind power generation. Its subsidiaries include Van Diemen's Land Dairy Pty Ltd, Nichols Poultry Pty Ltd, and Tasmanian Food Co Dairy Pty Ltd.
Tasfoods Ltd TFL.AX
AUD0.01
Last Updated: Feb 20, 12:00 AM·ASX
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TFL.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Tasfoods Ltd is classified as not halal.
NOT HALAL
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FAQ's for Tasfoods Ltd (TFL.AX)
As of October 2026, Tasfoods Ltd TFL.AX is classified as not 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 Tasfoods Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Tasfoods 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 Tasfoods 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 Tasfoods 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 Tasfoods 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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