BTE.AX Shariah Compliance
Screening Methodology: AAOIFI
HALAL
Last Updated: August 01, 2025
Report Source: 2025 2nd Quarter Report
Botala Energy Ltd. Stock Analysis BTE.AX
Botala Energy Ltd. engages in the exploration and development of coal-bed methane and renewable energy. The company is focused on developing production from its 100% owned Serowe CBM Project located in a high-grade CBM region of Botswana (and related early-stage renewable energy opportunities). The company is focused on developing the Serowe CBM Project and to commercialize the project due to the demand for stable power supply in Botswana. The Serowe Project near the town of Serowe in the Central District of Botswana consists of 420,000 hectares of prospecting licenses in the Karoo-Kalahari Basin. The company has identified an independently certified 2C Resource of 454 billion cubic feet (bcf) in the immediate vicinity of 11 wells drilled within these tenements. The company is also focused on Project Pitse, which is a 4-Pilot Well program around the Serowe 3-1 well. Its subsidiaries include Sharpay Enterprises (Pty) Ltd, Botsgas Botswana (Pty) Ltd, BotsHydrogen (Pty) Ltd, and Botala Renewables (Pty) Ltd, among others.
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Key Statistics of Botala Energy Ltd (BTE.AX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
AUD0.06Volume
136.40KP/E Ratio (TTM)
-52 Week Range
Market Cap
23.80MAvg. Volume
54.03KDividend Yield
-Financial Metrics & Statements of Botala Energy Ltd (BTE.AX)
FAQ's for Botala Energy Ltd (BTE.AX)
- According to Musaffa’s Shariah screening methodology, Botala Energy Ltd (BTE.AX) is currently classified as 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.