Is Veris Ltd halal to invest in?

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

Can Muslims buy shares of Veris Ltd?

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

Musaffa determines the Shariah status of Veris 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 Veris Ltd updated?

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

Can a halal stock like Veris 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 Veris Ltd?

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

VRS.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Veris Ltd (VRS.AX)

Based on 7 analysts giving stock ratings to Veris Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Veris Ltd. Stock Analysis VRS.AX

Australia Industrials Nano Cap Report: Q2, 2025

Veris Ltd. engages in the provision of surveying, professional, and advisory and geospatial services. The firm provides end-to-end spatial data and digital solutions to tier-1 clients in various industry sectors, including transport, buildings & property, energy & resources, defense, utilities and government. Its end-to-end service offering helps with the digital transformation needs of the industry, spanning spatial data collection, hosting, sharing, analytics, insights and modeling for clients with large-scale data requirements, through to survey, planning, consulting and advisory services. Its other services include Spatial and GIS Services, Enterprise GIS (encompassing training, product development, and support), and application development.

Key Statistics of Veris Ltd (VRS.AX)

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

Today's Range

AUD0.05AUD0.05

Today's Open

AUD0.05

Volume

93.14K

P/E Ratio (TTM)

15.25

52 Week Range

AUD0.04AUD0.08

Market Cap

31.91M

Avg. Volume

112.23K

Dividend Yield

3.01%

Financial Metrics & Statements of Veris Ltd (VRS.AX)

FAQ's for Veris Ltd (VRS.AX)

According to Musaffa’s Shariah screening methodology, Veris Ltd (VRS.AX) is currently classified as NOT HALAL as of July 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.