88 Energy Ltd EEEND
$0.01 $0.00 (3.57%) 1D
Last Updated: Oct 03, 12:00 AM·OOTC
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EEEND Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, 88 Energy Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
88 Energy Ltd. Stock Analysis EEEND
United States Energy Nano Cap 88 Energy Ltd. is an oil and gas exploration company, which engages in the exploration and development of mineral properties. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2000-01-20. The Company’s segments include Texas Production, Alaska Exploration, Namibia Exploration, and Other. The firm has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. Its Project Phoenix is situated on the Central North Slope, Alaska. Its Project Leonis is strategically located immediately south of Prudhoe Bay and superbly located adjacent to TAPS and the Dalton Highway. The company owns a 45% non-operated working interest in onshore Petroleum Exploration License 93 (PEL 93), located in the Owambo Basin, Republic of Namibia (Namibia). This license covers 18,500 square kilometers of underexplored acreage within the Owambo Basin in Namibia. The Company, through its joint venture subsidiary, Bighorn Energy, LLC, holds a 75% ownership interest in Bighorn Phase 3, which is located in the Permian Basin, Texas, United States.
88 Energy Ltd (EEEND) Chart
Financial Metrics & Statements of 88 Energy Ltd (EEEND)
FAQ's for 88 Energy Ltd (EEEND)
- As of August 2026, 88 Energy Ltd EEEND 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 88 Energy Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in 88 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 88 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 88 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 88 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 88 Energy Ltd (EEEND)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
