Is Condor Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Condor Energy Ltd (CND.AX) is currently classified as NOT HALAL as of July 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 Condor 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 Condor Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Condor Energy Ltd?

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

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

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

Can a halal stock like Condor 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 Condor Energy Ltd?

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

CND.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Condor Energy Ltd. Stock Analysis CND.AX

Australia Energy Nano Cap Report: Q2, 2025

Condor Energy Ltd. engages in exploration and development of oil and gas assets. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-05-25. The firm is focused on progressing the 4,858 square kilometer (km2) Technical Evaluation Agreement (TEA or block) area offshore Peru in the highly prospective Tumbes Basin. The block covers around 4,858 km2 and is surrounded by multiple discovered oil and gas fields, supported by over 3,800 km2 of 3D seismic and regional 2D coverage. The Company’s prospects include Bonito Prospect, Raya Prospect, Piedra Redonda Gas Field, Tiburon Prospect, Salmon Prospect and Caballa Prospect. Bonito Prospect is a prominent multi-culmination structural high, which features stacked Lower Miocene Zorritos reservoirs, with several sand packages. The Raya prospect is a combination structural/stratigraphic trap with multiple Zorritos reservoir objectives. The Piedra Redonda gas field is located, in its entirety, within TEA.

Key Statistics of Condor Energy Ltd (CND.AX)

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

Today's Range

AUD0.02AUD0.02

Today's Open

AUD0.02

Volume

1.26M

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.03

Market Cap

12.19M

Avg. Volume

168.41K

Dividend Yield

Financial Metrics & Statements of Condor Energy Ltd (CND.AX)

FAQ's for Condor Energy Ltd (CND.AX)

According to Musaffa’s Shariah screening methodology, Condor Energy Ltd (CND.AX) is currently classified as NOT HALAL as of July 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.