Is Basin Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Basin Energy Ltd (BSN.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 Basin Energy 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 Basin Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Basin Energy Ltd?

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

Musaffa determines the Shariah status of Basin Energy 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 Basin Energy Ltd updated?

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

Can a halal stock like Basin Energy 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 Basin Energy Ltd?

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

BSN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 04, 2025

Report Source: 2025 2nd Quarter Report

Basin Energy Ltd. Stock Analysis BSN.AX

Australia Energy Nano Cap Report: Q2, 2025

Basin Energy Ltd. engages in mineral exploration, acquisition, and development. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-10-04. Its projects include North Millennium, Geikie, and Marshall. The Geikie Project is over 339 square kilometers (km2) of landholding seven kilometers (km) of the present edge of the Athabasca Basin. The Marshall Project is 100% owned by the Company with over 112 km2 of landholding. The North Millennium Project is 40% owned by the Company under an option agreement with CanAlaska which is over 58 km2 landholding seven km from majority Cameco owned Millennium deposit. Its subsidiaries include Basin Energy Geiki Corp., Basin Energy Marshall Corp., Basin Energy North Millennium Corp., Basin Energy Canada Corp., and Basin Energy Scandinavia Pty Ltd.

Key Statistics of Basin Energy Ltd (BSN.AX)

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

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

74.99K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.08

Market Cap

9.41M

Avg. Volume

105.40K

Dividend Yield

Financial Metrics & Statements of Basin Energy Ltd (BSN.AX)

FAQ's for Basin Energy Ltd (BSN.AX)

According to Musaffa’s Shariah screening methodology, Basin Energy Ltd (BSN.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.