Indonesia Energy Corp Ltd INDO
$2.91 $0.03 (1.02%) 1D
Last Updated: Aug 21, 12:00 AM·XASE
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INDO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Indonesia Energy Corp Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Indonesia Energy Corp Ltd. Stock Analysis INDO
United States Energy Nano Cap Indonesia Energy Corp. Ltd. operates as an oil and gas, exploration, and production company. The company is headquartered in Jakarta Selatan, Dki Jakarta. The company went IPO on 2019-12-19. The firm holds two oil and gas assets through its subsidiaries in Indonesia: The Kruh Block and the Citarum Block. The company has also identified a potential third exploration block known as the Rangkas area. The Kruh Block is a producing block covering approximately 258 square kilometers and is located 16 miles northwest of Pendopo, Pali, South Sumatra. Of the eight identified oil-bearing structures, three structures (North Kruh, Kruh, and West Kruh fields) have combined proved developed and undeveloped gross crude oil reserves of approximately 2.06 million barrels (with net crude oil proved reserves of over 1.18 million barrels) and probable undeveloped gross crude oil reserves of over 2.44 million barrels. The block has drilled over four oil discoveries and one gas discovery. The Citarum Block, an exploration block, spans an area of approximately 3,924.67 square kilometers.
Indonesia Energy Corp Ltd (INDO) Chart
Financial Metrics & Statements of Indonesia Energy Corp Ltd (INDO)
FAQ's for Indonesia Energy Corp Ltd (INDO)
- As of August 2026, Indonesia Energy Corp Ltd INDO is classified as not 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 Indonesia Energy Corp Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Indonesia Energy Corp 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 Indonesia Energy Corp 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 Indonesia Energy Corp 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 Indonesia Energy Corp 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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