88 Energy Ltd EEENF
$0.02 $0.00 (3.33%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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EEENF 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 EEENF
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 firm's projects include South Prudhoe, Kad River East, Phoenix and Namibia. The South Prudhoe project’s lease position covers approximately 52,269 acres within one of the prolific hydrocarbon fairways on the North Slope, immediately south of the Prudhoe Bay Unit and Kuparuk River Unit. The South Prudhoe project offers multiple prospects within the conventional Ivishak reservoir. The Kad River East project comprises seven leases covering approximately 17,920 gross acres east of the Trans Alaska Pipeline System (TAPS). The Phoenix project is an advanced conventional project on the North Slope of Alaska. The firm has approximately 74.3% working interest in Phoenix project. The firm holds an approximately 20% non-operated interest in PEL 93 in the Owambo Basin, onshore Namibia, under a three-stage farm in arrangement to earn up to a total of 45% working interest.
88 Energy Ltd (EEENF) Chart
Financial Metrics & Statements of 88 Energy Ltd (EEENF)
FAQ's for 88 Energy Ltd (EEENF)
- As of August 2026, 88 Energy Ltd EEENF 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 (EEENF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
