Is HeLIX Exploration PLC halal to invest in?

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

Can Muslims buy shares of HeLIX Exploration PLC?

Muslim investors may consider investing in HeLIX Exploration PLC 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 HeLIX Exploration PLC classified as NOT HALAL?

Musaffa determines the Shariah status of HeLIX Exploration PLC 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 HeLIX Exploration PLC updated?

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

Can a halal stock like HeLIX Exploration PLC 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 HeLIX Exploration PLC?

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

HeLIX Exploration PLC HEX.L

GBX39.58 GBX1.75 (4.23%) 1D

Last Updated: May 15, 12:00 AM·LSE

HEX.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 08, 2025

Report Source: 2025 2nd Quarter Report

HeLIX Exploration PLC. Stock Analysis HEX.L

United Kingdom Materials Micro Cap Report: Q2, 2025

Helix Exploration Plc engages in the development and exploitation of small-scale gas leases. The firm operates the Ingomar Dome Project and Rudyard Project. The Ingomar Dome Project is located on the up-thrown side of the deep-seated Sumatra Thrust, which acts as a conduit for helium migration. The company is focused on production at its Rudyard Project in northern Montana. The company has four production wells targeting up to 236 feet Helium / Nitrogen gas in the Souris and Red River formations. The firm also has a helium pressure swing adsorption (PSA) processing plant.

Key Statistics of HeLIX Exploration PLC (HEX.L)

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

Today's Range

GBX39.50GBX41.58

Today's Open

GBX41.33

Volume

876.75K

P/E Ratio (TTM)

52 Week Range

GBX15.40GBX46.50

Market Cap

7.00B

Avg. Volume

65.53K

Dividend Yield

Financial Metrics & Statements of HeLIX Exploration PLC (HEX.L)

FAQ's for HeLIX Exploration PLC (HEX.L)

According to Musaffa’s Shariah screening methodology, HeLIX Exploration PLC (HEX.L) is currently classified as NOT HALAL as of October 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.