Yes. As of September 2026, Galilee Energy Ltd (GLL.AX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Galilee Energy Ltd passes Musaffa's business and financial screening criteria.
Galilee Energy Ltd. engages in the business of carrying out oil and gas exploration and production. The company is headquartered in Brisbane, Queensland. The principal activity of the Company is oil and gas exploration and production. The company has tenement interests and exploration and evaluation activities in Australia, the United States and Chile. The firm holds interests in a diversified exploration portfolio with coal seam gas and conventional oil and gas assets in three of Australia’s east coast basins. Its projects include Glenaras Gas Project, Kumbarilla Project, and Springsure Gas Project Denison. The Glenaras Gas Project is located in the western central Galilee Basin. The Galilee Basin is a sedimentary basin covering approximately 247,000 square kilometers (sq.km). The Kumbarilla Gas Project in ATP 2043 is located in southern Queensland. The Springsure Gas Project, which is located at ATP 2050 in central Queensland.
Galilee Energy Ltd GLL.AX
AUD0.00
Last Updated: Sep 10, 12:00 AM·ASX
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GLL.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Galilee Energy Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Galilee Energy Ltd (GLL.AX) Chart
Financial Metrics & Statements of Galilee Energy Ltd (GLL.AX)
FAQ's for Galilee Energy Ltd (GLL.AX)
As of September 2026, Galilee Energy Ltd GLL.AX is classified as 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 Galilee Energy Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Galilee Energy 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 Galilee Energy 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 Galilee Energy 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 Galilee Energy 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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