Is Lansdowne Oil & Gas PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Lansdowne Oil & Gas PLC (LOGP.L) is currently classified as NOT HALAL as of October 2023. 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 Lansdowne Oil & Gas 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 Lansdowne Oil & Gas PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Lansdowne Oil & Gas PLC?

Muslim investors may consider investing in Lansdowne Oil & Gas 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 Lansdowne Oil & Gas PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Lansdowne Oil & Gas 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 Lansdowne Oil & Gas PLC updated?

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

Can a halal stock like Lansdowne Oil & Gas 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 Lansdowne Oil & Gas PLC?

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

Lansdowne Oil & Gas PLC LOGP.L

GBX0.10

Last Updated: Mar 21, 12:00 AM·LSE

LOGP.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 28, 2023

Report Source: 2023 2nd Quarter Report

Analyst's Ratings for Lansdowne Oil & Gas PLC (LOGP.L)

Based on 5 analysts giving stock ratings to Lansdowne Oil & Gas PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Lansdowne Oil & Gas PLC. Stock Analysis LOGP.L

United Kingdom Energy Nano Cap Report: Q2, 2023

Lansdowne Oil & Gas Plc engages on the exploration of oil and gas reserves. The company is headquartered in Dublin, Dublin and currently employs 1 full-time employees. The company went IPO on 2006-04-21. The firm is focused on seeking compensation through the Energy Charter Treaty. The firm has approximately 9% interest in Helvick Lease Undertaking. The Helvick Field is situated some 40 kilometers offshore Ireland in approximately 80 meters water depth.

Key Statistics of Lansdowne Oil & Gas PLC (LOGP.L)

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

Today's Range

GBX0.10GBX0.10

Today's Open

GBX0.10

Volume

P/E Ratio (TTM)

52 Week Range

GBX0.07GBX0.54

Market Cap

139.00M

Avg. Volume

6.02M

Dividend Yield

Financial Metrics & Statements of Lansdowne Oil & Gas PLC (LOGP.L)

FAQ's for Lansdowne Oil & Gas PLC (LOGP.L)

According to Musaffa’s Shariah screening methodology, Lansdowne Oil & Gas PLC (LOGP.L) is currently classified as NOT HALAL as of October 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.