Is Zip Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Zip Co Ltd (ZIP.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 Zip Co 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 Zip Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Zip Co Ltd?

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

Musaffa determines the Shariah status of Zip Co 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 Zip Co Ltd updated?

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

Can a halal stock like Zip Co 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 Zip Co Ltd?

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

ZIP.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 26, 2026

Report Source: 2026 2nd Quarter Report

Zip Co Ltd. Stock Analysis ZIP.AX

Australia Financials Small Cap Report: Q2, 2026

Zip Co. Ltd. is a digital financial services company, which engages in the offering of point-of-sale credit and payment services. The Company, operating in two core markets: Australia and New Zealand (ANZ) and the United States, offers access to point-of-sale credit and digital payment services, connecting millions of customers with its global network of tens of thousands of merchants. In ANZ market, it offers retail line of credit products and personal loans to consumers in Australia and retail installment products to consumers in New Zealand. In the United States market, the Company offers Buy Now Pay Later (BNPL) instalment products to customers. In the United States market, its products include Zip Pay in 4 (shop online and instore and pay in four payments over six weeks) and Zip Pay in 8 (shop online and instore and pay in eight payments over 14 weeks). The firm offers various products in Australia including Zip Pay, Zip Plus, Zip Money, and Zip Personal Loan. In New Zealand market, it offers Zip Pay in 4 products.

Key Statistics of Zip Co Ltd (ZIP.AX)

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

Today's Range

AUD2.36AUD2.52

Today's Open

AUD2.47

Volume

13.06M

P/E Ratio (TTM)

38.74

52 Week Range

AUD1.38AUD4.93

Market Cap

2.31B

Avg. Volume

6.15M

Dividend Yield

Financial Metrics & Statements of Zip Co Ltd (ZIP.AX)

FAQ's for Zip Co Ltd (ZIP.AX)

According to Musaffa’s Shariah screening methodology, Zip Co Ltd (ZIP.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.