Is Vicinity Centres halal to invest in?

According to Musaffa's Shariah screening methodology, Vicinity Centres (VCX.AX) is currently classified as NOT HALAL as of March 2026. 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 Vicinity Centres 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 Vicinity Centres using these criteria to determine its compliance status.

Can Muslims buy shares of Vicinity Centres?

Muslim investors may consider investing in Vicinity Centres 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 Vicinity Centres classified as NOT HALAL?

Musaffa determines the Shariah status of Vicinity Centres 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 Vicinity Centres updated?

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

Can a halal stock like Vicinity Centres 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 Vicinity Centres?

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

VCX.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 24, 2026

Report Source: 2026 2nd Quarter Report

Vicinity Centres. Stock Analysis VCX.AX

Australia Real Estate Mid Cap Report: Q2, 2026

Vicinity Centres operates as a real estate investment trust, which engages in the development, operation, and management of shopping centers. The company is headquartered in Melbourne, Victoria and currently employs 1,246 full-time employees. The company went IPO on 2011-12-05. The Company’s principal activities include investment in a portfolio of retail investment properties. The company owns and manages retail destinations across Australia and offers a range of retail, residential, and office spaces. The company has a direct portfolio with interests in approximately 51 shopping centers (including the DFO Brisbane business) and manages 26 assets on behalf of Strategic Partners. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include One Middle Road, Chadstone, Bankstown Central, Victoria Gardens, Box Hill Central, and Chatswood Chase Sydney. Its retail solutions include advertising, brand activations, leasing, and pop-up retail.

Key Statistics of Vicinity Centres (VCX.AX)

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

Today's Range

AUD2.48AUD2.51

Today's Open

AUD2.50

Volume

7.36M

P/E Ratio (TTM)

11.59

52 Week Range

AUD2.22AUD2.69

Market Cap

11.74B

Avg. Volume

1.21M

Dividend Yield

3.69%

Financial Metrics & Statements of Vicinity Centres (VCX.AX)

FAQ's for Vicinity Centres (VCX.AX)

According to Musaffa’s Shariah screening methodology, Vicinity Centres (VCX.AX) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.