Is Bowleven PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Bowleven PLC (BLVN.L) is currently classified as NOT HALAL as of October 2023. 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 Bowleven PLC 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 Bowleven PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Bowleven PLC?

Muslim investors may consider investing in Bowleven PLC 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 Bowleven PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Bowleven PLC 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 Bowleven PLC updated?

The Shariah compliance status of Bowleven PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Bowleven PLC 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 Bowleven PLC?

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

Bowleven PLC BLVN.L

$0.28 $0.03 (8.33%) 1D

Last Updated: Sep 23, 12:00 AM·LSE

BLVN.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 24, 2023

Report Source: 2023 2nd Quarter Report

Analyst's Ratings for Bowleven PLC (BLVN.L)

Based on 7 analysts giving stock ratings to Bowleven PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Bowleven PLC. Stock Analysis BLVN.L

United Kingdom Energy Nano Cap Report: Q2, 2023

Bowleven Plc is an exploration company, which focuses on oil and gas production. The firm is focused on Africa, where it holds a combination of predevelopment and exploration interests in Cameroon. The firm has an approximately 25% non-operated interest in the offshore shallow water Etinde Permit. The Etinde Permit lies in shallow water in the prolific Rio del Rey Basin. The Etinde permit covers an area of approximately 461 square kilometers (km2) (formerly block MLHP-7). The Cameroon operations are managed through its subsidiary, EurOil Ltd.

Key Statistics of Bowleven PLC (BLVN.L)

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

Today's Range

$0.10$0.25

Today's Open

$0.30

Volume

6.89M

P/E Ratio (TTM)

52 Week Range

$0.35$3.50

Market Cap

5.19M

Avg. Volume

2.51M

Dividend Yield

Financial Metrics & Statements of Bowleven PLC (BLVN.L)

FAQ's for Bowleven PLC (BLVN.L)

According to Musaffa’s Shariah screening methodology, Bowleven PLC (BLVN.L) is currently classified as NOT HALAL as of October 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.