Wam Microcap Ltd WMI.AX
AUD1.48 AUD0.05 (3.28%) 1D
Last Updated: Aug 11, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
WMI.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Wam Microcap Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Wam Microcap Ltd. Stock Analysis WMI.AX
Australia N/A Micro Cap Wam Microcap Ltd is a AU-based company operating in industry. The company is headquartered in Sydney, New South Wales. The company went IPO on 2017-06-28. WAM Microcap Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Company’s investment objectives are to deliver a stream of fully franked dividends, provide capital growth in the medium-to-long term and preserve capital. The firm engages in investing activities, including cash, term deposits and equity investments. The company provides investors access to a portfolio of undervalued micro-cap growth companies with a market capitalization of less than $300 million at the time of acquisition. The company also provides exposure to relative value arbitrage and market mispricing opportunities. Its diversified investment portfolio by sector includes consumer discretionary, industrials, information technology, financials, and others. Its investment manager is MAM Pty Limited.
Wam Microcap Ltd (WMI.AX) Chart
Financial Metrics & Statements of Wam Microcap Ltd (WMI.AX)
FAQ's for Wam Microcap Ltd (WMI.AX)
- As of August 2026, Wam Microcap Ltd WMI.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 Wam Microcap Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Wam Microcap 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 Wam Microcap 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 Wam Microcap 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 Wam Microcap Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.