Is Echelon Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Echelon Resources Ltd (ECH.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 Echelon Resources 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 Echelon Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Echelon Resources Ltd?

Muslim investors may consider investing in Echelon Resources 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 Echelon Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Echelon Resources 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 Echelon Resources Ltd updated?

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

Can a halal stock like Echelon Resources 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 Echelon Resources Ltd?

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

ECH.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 23, 2025

Report Source: 2025 Annual Report

Echelon Resources Ltd. Stock Analysis ECH.AX

Australia Energy Micro Cap Report: 2025 Annual

Echelon Resources Ltd. engages in the production and exploration of crude oil, natural gas, liquefied petroleum gas, and light oil. The Company’s portfolio comprises a spread of partly owned onshore and offshore oil and gas assets, located in Australia, New Zealand and Indonesia. These stakes are held either directly by the Company, or indirectly through its circa 50% stake in Cue Energy Resources Limited. Its segments include Perth Basin, Kupe oil & gas field (Kupe), Amadeus Basin oil & gas fields, and Cue Energy Resources Limited (CUE). The Perth Basin segment includes exploration interests in Western Australian comprising the L7 Production license (L7) and EP437 Exploration Permit (EP437). The Kupe segment is involved in the development, production, and sale of natural gas, liquified petroleum gas (LPG) and condensate (light oil), located in the offshore Taranaki Basin, New Zealand. The Amadeus Basin oil & gas fields segment includes its share of the Mereenie oil and gas field, Palm Valley gas field, EP145 and Dingo gas field.

Key Statistics of Echelon Resources Ltd (ECH.AX)

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

Today's Range

AUD0.36AUD0.36

Today's Open

AUD0.36

Volume

17.14K

P/E Ratio (TTM)

24.96

52 Week Range

AUD0.33AUD0.44

Market Cap

82.86M

Avg. Volume

7328.20

Dividend Yield

12.76%

Financial Metrics & Statements of Echelon Resources Ltd (ECH.AX)

FAQ's for Echelon Resources Ltd (ECH.AX)

According to Musaffa’s Shariah screening methodology, Echelon Resources Ltd (ECH.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.