Is Sims Ltd halal to invest in?

As of July 2026, Sims Ltd SGM.AX is classified as 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.

Is Sims 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 Sims Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sims Ltd?

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

Musaffa determines the Shariah status of Sims 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 Sims Ltd updated?

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

Can a halal stock like Sims 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 Sims Ltd?

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

Sims Ltd SGM.AX

Last Updated: Jul 21, 12:00 AM·ASX

SGM.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Sims Ltd is classified as halal.

HALAL

Report Source: 2026 2nd Quarter Report

Sims Ltd. Stock Analysis SGM.AX

Australia Materials Mid Cap Report: Q2, 2026

Sims Ltd. engages in the recycling of metal and electronics. Its activities include the buying, processing, and selling of ferrous and non-ferrous recycled metals, and the provision of environmentally responsible solutions for the recycling and repurposing of post-consumer electronic products and IT assets. The NAM segment comprises subsidiaries and joint ventures in the United States of America and Canada which perform ferrous and non-ferrous secondary recycling functions. The ANZ segment comprises subsidiaries in Australia, New Zealand and Papua New Guinea which perform ferrous and non-ferrous secondary recycling functions. The SAR comprises its investment in the SA Recycling joint venture in the United States of America. The SLS segment comprises subsidiaries which provide IT asset and cloud infrastructure reuse, redeployment and recycling in various countries. The GTO segment comprises its ferrous and non-ferrous marketing subsidiaries.

Key Statistics of Sims Ltd (SGM.AX)

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

Today's Range

AUD24.80AUD25.62

Today's Open

AUD25.27

Volume

542.60K

P/E Ratio (TTM)

52 Week Range

AUD13.04AUD31.81

Market Cap

4.78B

Avg. Volume

58.14K

Dividend Yield

0.93%

Financial Metrics & Statements of Sims Ltd (SGM.AX)

Super Investors Invested in Sims Ltd (SGM.AX)

FAQ's for Sims Ltd (SGM.AX)

As of July 2026, Sims Ltd SGM.AX is classified as 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 Sims Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Sims 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 Sims 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 Sims 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 Sims Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.