No. As of September 2026, Cooper Energy Ltd (COE.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Cooper Energy Ltd does not pass Musaffa's business and financial screening criteria.
Cooper Energy Ltd. operates as an oil and gas exploration and development company. The company is headquartered in Adelaide, South Australia and currently employs 124 full-time employees. The company went IPO on 2002-03-13. The firm is engaged in supplying gas to south-east Australia and low-cost Cooper Basin oil production. The firm operates through two segments: Cooper Basin and South-East Australia. The South-East Australia segment primarily consists of its Sole and Casino Henry producing gas assets and Athena Gas Plant. The segment also includes exploration and evaluation and care and maintenance activities ongoing in the Otway and Gippsland Basins. The company has eight offshore tenements in the Gippsland Basin. The company holds 100% interest in these tenements and the Orbost Gas Processing Plant onshore near Orbost in East Gippsland, Victoria. Cooper Basin segment comprises production and sale of crude oil in the Company's permits within the Cooper Basin, along with exploration and evaluation of additional oil targets. The Company’s subsidiaries include Somerton Energy Limited, Essential Petroleum Exploration Pty Ltd and others.
Cooper Energy Ltd COE.AX
AUD0.19 AUD0.01 (5.56%) 1D
Last Updated: Nov 22, 12:00 AM·XDUS
Pricing for DE stocks is delayed by 24 hours
COE.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Cooper Energy Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Cooper Energy Ltd (COE.AX) Chart
Financial Metrics & Statements of Cooper Energy Ltd (COE.AX)
FAQ's for Cooper Energy Ltd (COE.AX)
As of September 2026, Cooper Energy Ltd COE.AX 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 Cooper Energy Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Cooper 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.
Musaffa determines the Shariah status of Cooper Energy 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 Cooper Energy 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 Cooper Energy 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 Cooper Energy Ltd (COE.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.