Karoon Energy Ltd KAR.AX
AUD1.56 AUD0.02 (0.97%) 1D
Last Updated: Oct 02, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is Karoon Energy Ltd Stock Halal?
Shariah Compliance Analysis of KAR.AX Stock
Australia Energy Small Cap No. As of October 2026, Karoon Energy Ltd (KAR.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Karoon Energy Ltd does not pass Musaffa's business and financial screening criteria.
Karoon Energy Ltd. is an oil and gas exploration company, which engages in oil and gas production, development assets, and providing energy. The firm has two key producing assets: the Bauna Project in the Santos Basin, Brazil and the Who Dat assets in the Gulf of Mexico, United States. Its 100% owned and operated Bauna Project (which comprises the Bauna, Piracaba and Patola oil fields) is located in the BM-S-40 production license in the southern Santos Basin, offshore Brazil. The company also holds a 100% interest in the Neon oil field, located approximately 75 kilometers (km) northeast of Bauna. The company also holds a 100% interest in the Goia field, located approximately 18 km southwest of Neon. The company also has 100% interests in six blocks (S-M-974, S-M-1038, S-M-1484, S-M-1605, S-M-1358, S-M-1603) in the Santos Basin, offshore Brazil. The Who Dat producing assets comprise the Who Dat, Dome Patrol and Abilene oil and gas fields and associated infrastructure.
KAR.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Karoon Energy Ltd is classified as not halal.
NOT HALALKaroon Energy Ltd (KAR.AX) Chart
Fetching Price Chart...
Financial Metrics & Statements of Karoon Energy Ltd (KAR.AX)
FAQ's for Karoon Energy Ltd (KAR.AX)
- As of October 2026, Karoon Energy Ltd KAR.AX 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 Karoon Energy Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Karoon 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.
- Musaffa determines the Shariah status of Karoon Energy 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 Karoon Energy 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 Karoon Energy Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Karoon Energy Ltd (KAR.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
