Conrad Asia Energy Ltd CRD.AX
AUD0.58 AUD0.02 (3.33%) 1D
Last Updated: Aug 07, 12:00 AM·ASX
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CRD.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Conrad Asia Energy Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
C
Conrad Asia Energy Ltd. Stock Analysis CRD.AX
Australia Energy Micro Cap 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.
Conrad Asia Energy Ltd (CRD.AX) Chart
Financial Metrics & Statements of Conrad Asia Energy Ltd (CRD.AX)
FAQ's for Conrad Asia Energy Ltd (CRD.AX)
- As of August 2026, Conrad Asia Energy Ltd CRD.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 Conrad Asia Energy Ltd using these criteria to determine its compliance status.
- 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.
- 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.
- 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.
- 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 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.
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