Is Galilee Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Galilee Energy Ltd (GLL.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 Galilee Energy 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 Galilee Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Galilee Energy Ltd?

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.

Why is Galilee Energy Ltd classified as HALAL?

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.

How often is the Shariah compliance for Galilee Energy Ltd updated?

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

Can a halal stock like Galilee Energy 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 Galilee Energy Ltd?

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.

GLL.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Galilee Energy Ltd (GLL.AX)

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

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Galilee Energy Ltd. Stock Analysis GLL.AX

Australia Energy Nano Cap Report: Q2, 2025

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.

Key Statistics of Galilee Energy Ltd (GLL.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

1.72M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.01

Market Cap

12.68M

Avg. Volume

97.79K

Dividend Yield

Financial Metrics & Statements of Galilee Energy Ltd (GLL.AX)

FAQ's for Galilee Energy Ltd (GLL.AX)

According to Musaffa’s Shariah screening methodology, Galilee Energy Ltd (GLL.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.