Horizon Oil Ltd HZNFF
$0.12 $0.12
Last Updated: Aug 21, 12:00 AM·OOTC
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HZNFF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Horizon Oil Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Horizon Oil Ltd. Stock Analysis HZNFF
United States Energy Micro Cap Horizon Oil Ltd. is an oil and petroleum exploration, development and production company. The principal activities of the Company are petroleum production, development, and exploration. The company operates in three segments, which are China development, New Zealand development, and Australia development. The China development segment is involved in developing and producing crude oil from the Block 22/12 – WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12. The New Zealand development segment is involved in developing and producing crude oil from the Maari/Manaia oil field development. The Australia development segment is involved in developing and producing oil and gas from the Mereenie OL4 and OL5 oil and gas fields. The Block 22/12 oil development comprises nine hydrocarbon pools across three different Production Licenses. The company lies 35 kilometers (kms) southwest of Weizhou Island, China, in 30m water depth. The Maari oil field is a producing oil field.
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Financial Metrics & Statements of Horizon Oil Ltd (HZNFF)
FAQ's for Horizon Oil Ltd (HZNFF)
- As of August 2026, Horizon Oil Ltd HZNFF 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 Horizon Oil Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Horizon Oil 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 Horizon Oil 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 Horizon Oil 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 Horizon Oil 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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