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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
MM

MMS.AX

$18.80
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 5.42%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

McMillan Shakespeare Limited (MMS.AX) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$20.57
+9.4% · 7 analysts
Institutional own.
32.4%
of shares
NON-COMPLIANT
Sharia compliance
5.42%
Non-permissible income — HTR, from filings (2025-06-30)
$20.57
Price target (+9.4%) · 7 analysts
32.4%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-06-30. MMS.AX files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 52.46% 30.00% Fail
Interest-bearing investments 8.32% 30.00% Pass
Non-permissible income 5.42% 5.00% Fail

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 53.84% 33.00% Fail
Interest-bearing investments 8.53% 33.00% Pass
Non-liquid assets 88.96% at least 20.00% Pass
Non-permissible income 5.42% 5.00% Fail

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 53.84% 33.33% Fail
Cash + interest-bearing securities 8.53% 33.33% Pass
Accounts receivable 11.04% 33.33% Pass
Non-permissible income 5.42% 5.00% Fail

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 53.84% 33.33% Fail
Cash + interest-bearing securities 8.53% 33.33% Pass
Accounts receivable 11.04% 50.00% Pass
Non-permissible income 5.42% 5.00% Fail

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 65.41% 33.00% Fail
Cash + interest-bearing securities 10.37% 33.00% Pass
Accounts receivable 3.05% 33.00% Pass
Non-permissible income 5.42% 5.00% Fail

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 67.27% 33.00% Fail
Cash + interest-bearing securities 10.66% 49.00% Pass
Accounts receivable 3.14% 49.00% Pass
Non-permissible income 5.42% 5.00% Fail

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 67.27% 33.33% Fail
Cash + interest-bearing securities 10.66% 33.33% Pass
Accounts receivable 13.80% 49.00% Pass
Non-permissible income 5.42% 5.00% Fail

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

20.2418.4816.7214.9613.202025-09-112026-03-122026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
18.18
S2
18.46
S1
18.70
PIVOT
18.98
R1
19.22
R2
19.50
R3
19.74

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
18.1893 22.1107
±9.73% from 20.15, made 2026-09-05 · resolves 2026-09-12
SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21980 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
4 buy · 0 neutral · 8 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)41.80NEUTRAL
Stochastic %K (14)16.19BUY
CCI (20)-152.09BUY
Williams %R (14)-83.81BUY
MACD (12,26,9)-0.12SELL
ROC (10)-6.58SELL
Momentum (10)-1.33SELL
EMA (10)19.18SELL
SMA (10)19.26SELL
EMA (20)19.32SELL
SMA (20)19.46SELL
EMA (30)19.31SELL
SMA (30)19.50SELL
EMA (50)19.13SELL
SMA (50)19.27SELL
EMA (100)18.41BUY
SMA (100)18.46BUY
EMA (200)17.27BUY
SMA (200)16.83BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About McMillan Shakespeare Limited

Industrials · Staffing & Employment Services

McMillan Shakespeare Limited provides salary packaging, novated leasing, disability plan management, support coordination, asset management, and related financial products and services in Australia and New Zealand. It operates through Group Remuneration Services; Asset Management Services; and Plan and Support Services segments. The Group Remuneration Services segment offers administrative services in respect of salary packaging and facilitating motor vehicle novated leases for customers. This segment also provides ancillary services associated with motor vehicle novated lease products, including novated lease finance. The Asset Management Services offers financing and ancillary management services associated with motor vehicles, commercial vehicles, and equipment. The Plan and Support Services provides plan management and support coordination services to participants in the National Disability Insurance Scheme. The company offers its products under the Maxxia, RemServ, Oly, Onboard Finance, Interleasing, Just Honk, Plan Partners, Plan Tracker, and My Plan Support brands to federal and state governments, public and private sectors, and health and charitable organizations. McMillan Shakespeare Limited was founded in 1988 and is headquartered in Melbourne, Australia.

mmsg.com.au ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.