Is FAR Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, FAR Ltd (FAR.AX) is currently classified as HALAL as of July 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 FAR 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 FAR Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of FAR Ltd?

Muslim investors may consider investing in FAR 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 FAR Ltd classified as HALAL?

Musaffa determines the Shariah status of FAR 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 FAR Ltd updated?

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

Can a halal stock like FAR 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 FAR Ltd?

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

FAR.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2025

Report Source: 2024 2nd Quarter Report

Analyst's Ratings for FAR Ltd (FAR.AX)

Based on 7 analysts giving stock ratings to FAR Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

FAR Ltd. Stock Analysis FAR.AX

Australia Energy Nano Cap Report: Q2, 2024

FAR Ltd. is an oil and gas exploration and development company, with engages in the assets in West Africa, East Africa, and Australia. The company is headquartered in Melbourne, Victoria. The principal activities of the Company are identifying and developing strategies to realize value from the consideration receivable for the sale of its interest in the RSSD Project in Senegal to Woodside Energy (Senegal) BV (Woodside Energy). The firm has rights to a contingent payment, as consideration for the sale of its interest in the RSSD Project. The contingent payment comprises 45% of entitlement barrels (being the share of oil relating to its previously held 13.67% of the RSSD Project comprising the Sangomar Field exploitation area of interest), multiplied by the excess of the crude oil price per barrel and US$58 per barrel (capped at US$70 per barrel).

Key Statistics of FAR Ltd (FAR.AX)

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

Today's Range

AUD0.60AUD0.61

Today's Open

AUD0.60

Volume

29.64K

P/E Ratio (TTM)

52 Week Range

AUD0.35AUD0.62

Market Cap

56.37M

Avg. Volume

8344.50

Dividend Yield

Financial Metrics & Statements of FAR Ltd (FAR.AX)

FAQ's for FAR Ltd (FAR.AX)

According to Musaffa’s Shariah screening methodology, FAR Ltd (FAR.AX) is currently classified as HALAL as of July 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.