Is EnQuest PLC halal to invest in?

According to Musaffa's Shariah screening methodology, EnQuest PLC (ENQ.L) is currently classified as NOT HALAL as of September 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 EnQuest PLC 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 EnQuest PLC using these criteria to determine its compliance status.

Can Muslims buy shares of EnQuest PLC?

Muslim investors may consider investing in EnQuest PLC 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 EnQuest PLC classified as NOT HALAL?

Musaffa determines the Shariah status of EnQuest PLC 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 EnQuest PLC updated?

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

Can a halal stock like EnQuest PLC 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 EnQuest PLC?

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

EnQuest PLC ENQ.L

GBX19.64 GBX0.24 (1.21%) 1D

Last Updated: May 15, 12:00 AM·LSE

ENQ.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 29, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for EnQuest PLC (ENQ.L)

Based on 15 analysts giving stock ratings to EnQuest PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

EnQuest PLC. Stock Analysis ENQ.L

United Kingdom Energy Small Cap Report: Q2, 2025

EnQuest Plc engages in the extraction and production of hydrocarbons. Its operations are focused on maturing and underdeveloped assets in the United Kingdom and Malaysia. Its UK upstream production operations include its Magnus, Kraken, Golden Eagle, Greater Kittiwake Area, Scolty/Crathes and Alba assets. Its Malaysian operations include its PM8 Extension Production Sharing Contract, consisting of the PM8 and Seligi Fields. The company operates a large number of in-field pipelines, risers and control umbilicals which support the efficient operation of its upstream and decommissioning asset base, offshore in the UKNS. The company also holds an equity interest in (and operatorship of) the Chim Sao and Dua production fields (Block 12W) in Vietnam. Its decommissioning division manages the decommissioning programs for assets that have already ceased production and its mature producing assets, which are between one and five years from cessation of production.

Key Statistics of EnQuest PLC (ENQ.L)

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

Today's Range

GBX19.06GBX19.88

Today's Open

GBX19.88

Volume

2.92M

P/E Ratio (TTM)

303.23

52 Week Range

GBX9.72GBX21.60

Market Cap

39.18B

Avg. Volume

5.22M

Dividend Yield

Financial Metrics & Statements of EnQuest PLC (ENQ.L)

FAQ's for EnQuest PLC (ENQ.L)

According to Musaffa’s Shariah screening methodology, EnQuest PLC (ENQ.L) is currently classified as NOT HALAL as of September 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.