Is Horizon Petroleum Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Horizon Petroleum Ltd (HPL.H.V) is currently classified as NOT HALAL as of May 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 Horizon Petroleum 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 Horizon Petroleum Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Horizon Petroleum Ltd?

Muslim investors may consider investing in Horizon Petroleum 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 Horizon Petroleum Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Horizon Petroleum 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 Horizon Petroleum Ltd updated?

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

Can a halal stock like Horizon Petroleum 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 Horizon Petroleum Ltd?

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

HPL.H.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 07, 2025

Report Source: 2025 2nd Quarter Report

Horizon Petroleum Ltd. Stock Analysis HPL.H.V

Canada Energy Nano Cap Report: Q2, 2025

Horizon Petroleum Ltd. is a dynamic exploration and production company, which engages in the acquisition, exploration, and development of oil and gas properties. The company is headquartered in Calgary, Alberta. The firm has not generated revenue from operations.

Key Statistics of Horizon Petroleum Ltd (HPL.H.V)

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

Today's Range

CAD0.11CAD0.13

Today's Open

CAD0.13

Volume

93.00K

P/E Ratio (TTM)

52 Week Range

CAD0.11CAD0.25

Market Cap

5.71M

Avg. Volume

145.25K

Dividend Yield

Financial Metrics & Statements of Horizon Petroleum Ltd (HPL.H.V)

FAQ's for Horizon Petroleum Ltd (HPL.H.V)

According to Musaffa’s Shariah screening methodology, Horizon Petroleum Ltd (HPL.H.V) is currently classified as NOT HALAL as of May 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.