Is GEO Exploration Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, GEO Exploration Ltd (GBP.L) is currently classified as NOT HALAL as of October 2023. 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 GEO Exploration 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 GEO Exploration Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of GEO Exploration Ltd?

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.

Why is GEO Exploration Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for GEO Exploration Ltd updated?

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

Can a halal stock like GEO Exploration 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 GEO Exploration Ltd?

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.

GEO Exploration Ltd GBP.L

$0.13 $0.00 (2.04%) 1D

Last Updated: May 12, 12:00 AM·LSE

GBP.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 24, 2023

Report Source: 2023 2nd Quarter Report

Analyst's Ratings for GEO Exploration Ltd (GBP.L)

Based on 9 analysts giving stock ratings to GEO Exploration Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

GEO Exploration Ltd. Stock Analysis GBP.L

United Kingdom Energy Nano Cap Report: Q2, 2023

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.

Key Statistics of GEO Exploration Ltd (GBP.L)

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

Today's Range

$0.12$0.13

Today's Open

$0.12

Volume

55.65M

P/E Ratio (TTM)

52 Week Range

$0.10$0.34

Market Cap

6.47M

Avg. Volume

69.94M

Dividend Yield

Financial Metrics & Statements of GEO Exploration Ltd (GBP.L)

FAQ's for GEO Exploration Ltd (GBP.L)

According to Musaffa’s Shariah screening methodology, GEO Exploration Ltd (GBP.L) is currently classified as NOT HALAL as of October 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.