Is NG Energy International Corp halal to invest in?

According to Musaffa's Shariah screening methodology, NG Energy International Corp (GASX.V) is currently classified as NOT HALAL as of January 2026. 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 NG Energy International Corp 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 NG Energy International Corp using these criteria to determine its compliance status.

Can Muslims buy shares of NG Energy International Corp?

Muslim investors may consider investing in NG Energy International Corp 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 NG Energy International Corp classified as NOT HALAL?

Musaffa determines the Shariah status of NG Energy International Corp 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 NG Energy International Corp updated?

The Shariah compliance status of NG Energy International Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like NG Energy International Corp 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 NG Energy International Corp?

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

GASX.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2026

Report Source: 2025 3rd Quarter Report

Analyst's Ratings for NG Energy International Corp (GASX.V)

Based on 6 analysts giving stock ratings to NG Energy International Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

NG Energy International Corp. Stock Analysis GASX.V

Canada Energy Micro Cap Report: Q3, 2025

NG Energy International Corp. engages in the exploration, acquisition, evaluation, development, and production of oil and gas. The company is headquartered in Vancouver, British Columbia and currently employs 41 full-time employees. The firm is focused on the discovery, delineation and development of large-scale natural gas fields in the Americas, supporting energy transition and economic growth. The Company’s asset portfolio consists of one appraisal and two producing natural gas assets in Colombia. The firm has working interests in the Maria Conchita Block, the Sinu-9 Block and the Tiburon Block. The Maria Conchita Block is located in the Department of La Guajira, Colombia, and neighbors the Chuchupa Block to its north. The SN-9 Block is in the Lower Magdalena Valley, 75 kilometers (km) from Colombia’s Caribbean coast. The Tiburon Block covers an area of approximately 245,850 acres in the Department of La Guajira, Colombia.

Key Statistics of NG Energy International Corp (GASX.V)

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

Today's Range

CAD1.76CAD1.85

Today's Open

CAD1.76

Volume

796.26K

P/E Ratio (TTM)

52 Week Range

CAD0.84CAD1.85

Market Cap

391.50M

Avg. Volume

517.36K

Dividend Yield

Financial Metrics & Statements of NG Energy International Corp (GASX.V)

FAQ's for NG Energy International Corp (GASX.V)

According to Musaffa’s Shariah screening methodology, NG Energy International Corp (GASX.V) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.