Tetratherix Ltd TTX.AX
AUD6.67 AUD0.05 (0.74%) 1D
Last Updated: Aug 14, 12:00 AM·ASX
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TTX.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Tetratherix Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Tetratherix Ltd. Stock Analysis TTX.AX
Australia Health Care Micro Cap Tetratherix Ltd. engages in the development of a biostealth fluid matrix for regenerative medicine. The company is headquartered in Sydney, New South Wales. The company went IPO on 2025-06-30. The firm's biomaterial platform is built with polymer programming akin to Medical Lego to form implantable products to solve a range of clinical problems. The material is an injectable fluid to avoid causing damage to the body during its application. Upon injection, triggered by physiological temperature, a 3D matrix is formed that physically integrates and adheres to the target tissue. Tegenix and TegenEOS products are developed as a carrier designed to be mixed with a broad array of bone graft materials (BGMs) for dental, oral and orthopedic applications. TetraDerm products can be used in any surgical incision site to reduce scarring. Tutelix products are intended for use as a spacer to reduce side effects from radiation therapy in prostate cancer. The company has established its manufacturing center in Sydney, featuring a cleanroom production facility.
Tetratherix Ltd (TTX.AX) Chart
Financial Metrics & Statements of Tetratherix Ltd (TTX.AX)
FAQ's for Tetratherix Ltd (TTX.AX)
- As of August 2026, Tetratherix Ltd TTX.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 Tetratherix Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Tetratherix 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 Tetratherix 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 Tetratherix 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 Tetratherix 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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