As of August 2026, Australis Oil & Gas Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Australis Oil & Gas Ltd. Stock Analysis ASTTF
United States Energy Nano Cap
Australis Oil & Gas Ltd. engages in exploration and development of oil and gas. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2016-07-25. The firm's principal activity is oil and gas exploration, development, and production. Its segment includes Oil & Gas Production and Other. The firm's Oil & Gas Production segment is engaged in the development and production of oil and gas assets in the United States (USA). The firm operates one area of interest onshore being leases, wells and facilities in the Tuscaloosa Marine Shale (TMS) in the states of Louisiana and Mississippi in the USA. The company holds approximately 47,400 net acres within the production delineated core of the oil producing TMS. The firm is engaged in operating approximately 30 producing wells and 18 non-operated wells all within the TMS. Its subsidiaries include Australis Services Inc, Australis TMS Inc, Australis USA 1 Pty Limited, and Australis Europe Pty Limited.
Australis Oil & Gas Ltd (ASTTF) Chart
Financial Metrics & Statements of Australis Oil & Gas Ltd (ASTTF)
FAQ's for Australis Oil & Gas Ltd (ASTTF)
As of August 2026, Australis Oil & Gas Ltd ASTTF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Australis Oil & Gas Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Australis Oil & Gas 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.
Musaffa determines the Shariah status of Australis Oil & Gas Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Australis Oil & Gas Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Australis Oil & Gas Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Australis Oil & Gas Ltd (ASTTF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.