As of August 2026, Bass Oil Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Bass Oil Ltd. Stock Analysis BAS.AX
Australia Energy Nano Cap
Bass Oil Ltd. engages in the business of oil production from newly acquired producing assets in the Cooper Basin, South Australia. The company is headquartered in Melbourne, Victoria. The company went IPO on 2004-09-30. The firm is engaged in oil production and holds an interest in eight permits in the Cooper Basin (Australia), including the 100% owned Worrior and Padulla oil fields and a 55% interest in a South Sumatra Basin (Indonesia) KSO. The Company’s projects include Tangai-Sukananti KSO, Cooper Basin Portfolio, Worrior Oilfield (PPL 207), Padulla Oilfield (PPL 221), Ex PEL 90K, PEL 182, Ex PEL 93, Ex PEL 100, and Ex PEL 110. The Padulla Oilfield has cumulatively produced approximately 0.52 million barrels of oil and is producing over 30 barrels of oil per day. The company owns an equity stake in 15 Cooper Basin licenses, in the Cooper Basin covering a cumulative area of approximately 1,900 kilometers (km2). Ex PEL 100 contains the Cleansweep oil discovery. Its Ex PEL 93 is situated approximately 40 kilometers southwest of Moomba.
Bass Oil Ltd (BAS.AX) Chart
Financial Metrics & Statements of Bass Oil Ltd (BAS.AX)
FAQ's for Bass Oil Ltd (BAS.AX)
As of August 2026, Bass Oil Ltd BAS.AX is classified as 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 Bass Oil Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Bass Oil 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 Bass Oil 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 Bass Oil 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 Bass Oil Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Bass Oil Ltd (BAS.AX)
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