Is Touch Ventures Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Touch Ventures Ltd (TVL.AX) is currently classified as NOT HALAL as of April 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 Touch Ventures 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 Touch Ventures Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Touch Ventures Ltd?

Muslim investors may consider investing in Touch Ventures 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 Touch Ventures Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Touch Ventures 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 Touch Ventures Ltd updated?

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

Can a halal stock like Touch Ventures 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 Touch Ventures Ltd?

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

TVL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2025

Report Source: 2024 Annual Report

Touch Ventures Ltd. Stock Analysis TVL.AX

Australia Financials Nano Cap Report: 2024 Annual

Touch Ventures Ltd is a AU-based company operating in Capital Markets industry. The company is headquartered in Sydney, New South Wales. The company went IPO on 2021-09-29. Touch Ventures Limited (Touch Ventures) is an Australia-based investment holding company. Touch Ventures provides growth capital to high-growth, scalable businesses. Its investment portfolio includes Reshop, Tixel, Preezie, and Refundid. Its primary focus areas include retail innovation, e-commerce enablement, finance/fintech, consumer, business to business (B2B) software and data.

Key Statistics of Touch Ventures Ltd (TVL.AX)

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

Today's Range

AUD0.06AUD0.06

Today's Open

AUD0.06

Volume

173.17K

P/E Ratio (TTM)

52 Week Range

AUD0.05AUD0.08

Market Cap

44.63M

Avg. Volume

212.95K

Dividend Yield

Financial Metrics & Statements of Touch Ventures Ltd (TVL.AX)

FAQ's for Touch Ventures Ltd (TVL.AX)

According to Musaffa’s Shariah screening methodology, Touch Ventures Ltd (TVL.AX) is currently classified as NOT HALAL as of April 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.