Is VEEM Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, VEEM Ltd (VEE.AX) is currently classified as 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 VEEM 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 VEEM Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of VEEM Ltd?

Muslim investors may consider investing in VEEM 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 VEEM Ltd classified as HALAL?

Musaffa determines the Shariah status of VEEM 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 VEEM Ltd updated?

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

Can a halal stock like VEEM 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 VEEM Ltd?

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

VEE.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 19, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for VEEM Ltd (VEE.AX)

Based on 6 analysts giving stock ratings to VEEM Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

VEEM Ltd. Stock Analysis VEE.AX

Australia Industrials Micro Cap Report: 2025 Annual

Veem Ltd. engages in the provision of stabilization systems and propulsion products and services to marine, defence, and mining industries. The company is headquartered in Canning Vale, Western Australia. The company went IPO on 2016-10-26. The firm is also engaged in manufacturing engineered products and services for the marine, defense, and mining industries. The company operates various businesses, including VEEM Marine Propellers, VEEM Marine Gyrostabilizers, VEEM 24-7 Engineering, Defense, Timcast Hollowbar, Conquest Propellers, and SHARROW by VEEM. VEEM is a producer of high-performance propellers for inboard powered vessels. The company is a manufacturer of specialized fin systems and components for defense, including the US Navy's LCS ride control foils and submarine valves and mufflers. VEEM is a manufacturing demonstrator propeller blades for the BAE type-26 Hunter Class frigate program. VEEM was also involved in the Large Hadron Collider and the Atlas Detector's Radiation Shield Doors.

Key Statistics of VEEM Ltd (VEE.AX)

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

Today's Range

AUD0.53AUD0.55

Today's Open

AUD0.54

Volume

71.81K

P/E Ratio (TTM)

26.28

52 Week Range

AUD0.47AUD1.95

Market Cap

72.64M

Avg. Volume

27.95K

Dividend Yield

0.39%

Financial Metrics & Statements of VEEM Ltd (VEE.AX)

FAQ's for VEEM Ltd (VEE.AX)

According to Musaffa’s Shariah screening methodology, VEEM Ltd (VEE.AX) is currently classified as 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.