Is Australian Oil Company Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Australian Oil Company Ltd (AOK.AX) is currently classified as NOT HALAL as of August 2025. 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 Australian Oil Company 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 Australian Oil Company Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Australian Oil Company Ltd?

Muslim investors may consider investing in Australian Oil Company 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 Australian Oil Company Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Australian Oil Company 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 Australian Oil Company Ltd updated?

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

Can a halal stock like Australian Oil Company 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 Australian Oil Company Ltd?

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

AOK.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 03, 2025

Report Source: 2024 Annual Report

Australian Oil Company Ltd. Stock Analysis AOK.AX

Australia Energy Nano Cap Report: 2024 Annual

Australian Oil Co. Ltd. engages in the exploration of oil and gas in Australia and overseas. The company is headquartered in Fremantle, Western Australia. The company went IPO on 2005-10-11. The firm is focused on conventional oil and gas exploration and production in the Sacramento Basin in California. The firm operates through two segments: Californian focused oil and natural gas exploration and appraisal, and corporate activities. The company has a portfolio of natural gas and oil producing wells in addition to prospects and discoveries at various exploration and appraisal stages. The company is in the process of evaluation for acquisition of additional undervalued oil and gas producing and exploration assets.

Key Statistics of Australian Oil Company Ltd (AOK.AX)

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

Today's Range

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Today's Open

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Volume

6.62M

P/E Ratio (TTM)

52 Week Range

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Market Cap

5.68M

Avg. Volume

1.00M

Dividend Yield

Financial Metrics & Statements of Australian Oil Company Ltd (AOK.AX)

FAQ's for Australian Oil Company Ltd (AOK.AX)

According to Musaffa’s Shariah screening methodology, Australian Oil Company Ltd (AOK.AX) is currently classified as NOT HALAL as of August 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.