No. As of November 2026, Coastal Africa Group Ltd (CAGL.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Coastal Africa Group Ltd does not pass Musaffa's business and financial screening criteria.
Coastal Africa Group Ltd is a VG-based company operating in industry. Coastal Africa Group Limited is a British Virgin Islands-based investing company. The firm is focused on acquiring and investing in the oil and gas sector, energy infrastructure, energy services and energy assets across West Africa. The firm has three subsidiaries and is not engaged in any trading activities. Its subsidiaries include Coastal Nigeria Development & Operation Ltd., Viking Field Development Solution (VFDS OML 95) Ltd and Coastal Africa Group UK Services Limited. The firm does not own any trading businesses and has not generated revenue.
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Coastal Africa Group Ltd CAGL.L
GBX225.00
Last Updated: Nov 02, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
CAGL.L Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, Coastal Africa Group Ltd is classified as not halal.
NOT HALAL
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Financial Metrics & Statements of Coastal Africa Group Ltd (CAGL.L)
FAQ's for Coastal Africa Group Ltd (CAGL.L)
As of November 2026, Coastal Africa Group Ltd CAGL.L 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 Coastal Africa Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Coastal Africa Group 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 Coastal Africa Group 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 Coastal Africa Group 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 Coastal Africa Group 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 Coastal Africa Group Ltd (CAGL.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.