No. As of October 2026, GEO Exploration Ltd (GBP.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. GEO Exploration Ltd does not pass Musaffa's business and financial screening criteria.
Global Petroleum Ltd. is an exploration company, which engages in the exploration, development, and production of oil and gas properties. The company is headquartered in Melbourne, Victoria. The company went IPO on 2005-03-07. The Company’s principal asset is an exploration block located offshore Namibia. The firm holds an approximately 78% participating interest in petroleum exploration license (PEL) 0094, which covers Block 2011A in the Walvis Basin, offshore north-west Namibia. This License covers an area of approximately 5,798 square kilometers in water depths ranging from 450 meters to 1,550 meters. The firm has an additional 10% stake in the exploration license 08/3497. The Company’s wholly owned subsidiaries include Global Petroleum Exploration Limited, and Global Petroleum Namibia Limited.
GEO Exploration Ltd GBP.L
$0.13 $0.00 (2.04%) 1D
Last Updated: May 12, 12:00 AM·LSE
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GBP.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, GEO Exploration Ltd is classified as not halal.
NOT HALAL
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FAQ's for GEO Exploration Ltd (GBP.L)
As of October 2026, GEO Exploration Ltd GBP.L 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 GEO Exploration Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in GEO Exploration 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 GEO Exploration 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 GEO Exploration 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 GEO Exploration Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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