No. As of October 2026, Energy Action Ltd (EAX.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Energy Action Ltd does not pass Musaffa's business and financial screening criteria.
Energy Action Ltd. is a management consultancy company, which engages in the provision of energy procurement and management services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2011-10-13. Its principal activities providing Australian business customers energy and carbon emissions procurement and management services. The company operates in one segment, which provides electricity and gas procurement services, energy management services, and solar PV services in Australia. The Energy Procurement service includes broking or consulting using a range of procurement methodologies including auctions, tenders, progressive and structured purchasing, corporate power purchase agreements. The Energy Management service includes managed client energy contracts and environmental reporting, including account management, liaison with their retailer, validating their bill, ensuring the right tariff, and helping them to understand how they are using energy and their emissions profile. The Solar PV segment includes sourcing and contracting of solar project suppliers for business customers looking to implement solar solution.
Energy Action Ltd EAX.AX
AUD0.35 AUD0.02 (4.48%) 1D
Last Updated: Oct 12, 12:00 AM·ASX
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EAX.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Energy Action Ltd is classified as not halal.
NOT HALAL
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FAQ's for Energy Action Ltd (EAX.AX)
As of October 2026, Energy Action Ltd EAX.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 Energy Action Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Energy Action 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 Energy Action 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 Energy Action 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 Energy Action 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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