Is Conrad Asia Energy Ltd halal to invest in?

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

Can Muslims buy shares of Conrad Asia Energy Ltd?

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

Musaffa determines the Shariah status of Conrad Asia 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 Conrad Asia Energy Ltd updated?

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

Can a halal stock like Conrad Asia 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 Conrad Asia Energy Ltd?

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

CRD.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Conrad Asia Energy Ltd (CRD.AX)

Based on 7 analysts giving stock ratings to Conrad Asia Energy Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Conrad Asia Energy Ltd. Stock Analysis CRD.AX

Australia Energy Micro Cap Report: Q2, 2025

Conrad Asia Energy Ltd. engages in exploration and development of oil and gas. The company is headquartered in Jakarta, Dki Jakarta. The company went IPO on 2022-10-27. The firm is focused on natural gas in the shallow waters offshore Indonesia, and through its wholly owned subsidiaries, is the holder of several operated tenements in offshore Indonesia in the form of production sharing contracts (PSCs). The Company’s flagship project is the development of the Mako Gas Field located in the Natuna Sea, Indonesia. The firm has about 76.5% operated participating interest in Duyung PSC, which is located in the Riau Islands Province, Indonesian waters in the West Natuna Sea. Duyung is located approximately 400 kilometers northeast of Singapore. The company specializes in the identification and acquisition of undervalued, overlooked, and/or technically misunderstood gas assets. Its subsidiaries include Conrad Petroleum (V) Limited, West Natuna Exploration Ltd, Conrad Petroleum OM Pte. Ltd, OSWA Pte. Ltd., and ONWA Pte. Ltd.

Key Statistics of Conrad Asia Energy Ltd (CRD.AX)

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

Today's Range

AUD0.49AUD0.53

Today's Open

AUD0.50

Volume

60.71K

P/E Ratio (TTM)

52 Week Range

AUD0.40AUD0.89

Market Cap

126.36M

Avg. Volume

1911.80

Dividend Yield

Financial Metrics & Statements of Conrad Asia Energy Ltd (CRD.AX)

FAQ's for Conrad Asia Energy Ltd (CRD.AX)

According to Musaffa’s Shariah screening methodology, Conrad Asia Energy Ltd (CRD.AX) is currently classified as NOT HALAL as of October 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.