GELSNot HalalF
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Compliance Status

Not Halal

Screened on Oct 11, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Gelteq Limited Ordinary Shares (GELS) halal? Not Halal. Based on AAOIFI screening, Gelteq Limited Ordinary Shares passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Gelteq Limited Ordinary Shares (GELS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 11, 2026. Source: https://halalscreener.app/en/stock/GELS

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

74.7% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding GELS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Gelteq Limited Ordinary Shares

GELS: Is Gelteq Limited Ordinary Shares Halal?

Gelteq Limited Ordinary Shares

NASDAQHealthcareAU

$0.52

-5.03%

Market Cap: 4.8M

Screened on a market cap of 6.8M

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About Gelteq Limited Ordinary Shares

Gelteq Limited, established in 2017 and based in Caulfield, Australia, specializes in creating and commercializing advanced gel-based delivery methods for both human and animal use. The company offers customizable, white-label gel formulations that can be applied to a broad array of goods, such as prescribed pharmaceuticals, non-prescription remedies, nutritional supplements (including sports-related products), and veterinary care items.

Sector: Healthcare · Industry: Drug Manufacturers - Specialty & Generic

Why this does not pass

  • Interest-bearing debt is 74.7% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 11, 2026

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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: Q2 2025Data source: FMP
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Frequently Asked Questions

Is Gelteq Limited Ordinary Shares (GELS) halal to invest in?
Gelteq Limited Ordinary Shares (GELS) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Gelteq Limited Ordinary Shares get a F compliance rating?
Gelteq Limited Ordinary Shares (GELS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 74.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Gelteq Limited Ordinary Shares's Shariah verdict?
Gelteq Limited Ordinary Shares's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Gelteq Limited Ordinary Shares re-screened for Shariah compliance?
Gelteq Limited Ordinary Shares (GELS) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Oct 11, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.