Is ACT Energy Technologies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, ACT Energy Technologies Ltd (ACX.TO) is currently classified as NOT HALAL as of April 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 ACT Energy Technologies 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 ACT Energy Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of ACT Energy Technologies Ltd?

Muslim investors may consider investing in ACT Energy Technologies 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 ACT Energy Technologies Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of ACT Energy Technologies 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 ACT Energy Technologies Ltd updated?

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

Can a halal stock like ACT Energy Technologies 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 ACT Energy Technologies Ltd?

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

ACX.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 09, 2026

Report Source: 2025 Annual Report

ACT Energy Technologies Ltd. Stock Analysis ACX.TO

Canada Energy Micro Cap Report: 2025 Annual

ACT Energy Technologies Ltd. engages in the provision of directional drilling services to oil and natural gas companies. The company is headquartered in Calgary, Alberta and currently employs 196 full-time employees. The company went IPO on 2000-01-01. The company provides high-performance down hole technologies to North American energy companies, delivering solutions that enhance drilling efficiency and reduce project costs. Altitude Energy Partners offers various directional drilling services, such as mud motors, rotary steerable system, measurement while drilling, and real-time operations. Discovery Downhole Services provides drilling motors and components, customizable to fit specific project needs. Stryker Directional offers horizontal drilling, conventional displacement, straight-hole drilling, and open-hole sidetracks. SB Directional offers advanced MWD technology that provides the critical real-time data vital for customers to reach and maintain their targeted zone.

Key Statistics of ACT Energy Technologies Ltd (ACX.TO)

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

Today's Range

CAD6.62CAD6.74

Today's Open

CAD6.67

Volume

48.23K

P/E Ratio (TTM)

16.55

52 Week Range

CAD4.42CAD7.74

Market Cap

254.68M

Avg. Volume

103.24K

Dividend Yield

Financial Metrics & Statements of ACT Energy Technologies Ltd (ACX.TO)

FAQ's for ACT Energy Technologies Ltd (ACX.TO)

According to Musaffa’s Shariah screening methodology, ACT Energy Technologies Ltd (ACX.TO) is currently classified as NOT HALAL as of April 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.