Is APA Group (APA) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 115.5% / 30% | 6.6% / 30% | 3.1% / 30% | 1.51% / 5% | ✗ NOT HALAL |
| DJIM | 115.5% / 33% | 6.6% / 33% | 3.1% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| MSCI | 70.3% / 33% | 4.0% / 33% | 1.9% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| S&P | 115.5% / 33% | 6.6% / 33% | 3.1% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| FTSE | 70.3% / 33% | 4.0% / 33% | 1.9% / 50% | 1.51% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 97.0% | |
| Operating Margin | 34.1% | |
| Net Margin | 5.1% | |
| Return on Equity (ROE) | 6.8% | |
| Return on Assets (ROA) | 3.1% |
Cash Flow & Balance Sheet
| Free Cash Flow | $320M |
| Total Debt | $14.0B |
| Debt-to-Equity | 477.1 |
| Current Ratio | 1.0 |
| Total Assets | $19.9B |
Price & Trading
| Last Close | AUD 9.65 |
| 50-Day MA | AUD 9.13 |
| 200-Day MA | AUD 8.94 |
| Avg Volume | 2.9M |
| Beta | 0.4 |
|
52-Week Range
AUD 7.60
| |
About APA Group (APA)
APA Group engages in the energy infrastructure business in Australia. The company operates through Energy Infrastructure, Asset Management, and Energy Investments segments. It operates gas transmission and interconnected grids, gas-fired power stations, solar and wind farms, and battery energy storage systems, as well as provides gas storage, processing, and compression facilities. It also provides asset management and operating services to its energy investments and third parties; and invests in energy infrastructure. In addition, the company engages renewables projects; project construction process, such as horizontal directional drilling construction, pipeline construction process, open-trench construction, and pipeline construction process; and bundled energy systems. Further, it engages in electricity generation. The company also has interests in approximately 15,000 kilometers of gas transmission pipelines; approximately 29,500 kilometers of gas mains and pipelines; and 1.5 million gas consumer connections; and approximately 800 kilometers high-voltage electricity transmission, including 290 kilometers deep-sea cable. The company is headquartered in Sydney, Australia.
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Frequently Asked Questions
Is APA Group (APA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), APA Group is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is APA Group's debt ratio?
APA Group's debt ratio is 115.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 70.3%.
What are APA Group's key financial metrics?
APA Group has a market capitalization of $12.7B, trailing P/E ratio of 80.1, and revenue of $3.2B. The company maintains a gross margin of 97.0% and a net margin of 5.1%. Return on equity stands at 6.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.