Is Noble Helium Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Noble Helium Ltd (NHE.AX) is currently classified as HALAL as of July 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 Noble Helium 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 Noble Helium Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Noble Helium Ltd?

Muslim investors may consider investing in Noble Helium 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 Noble Helium Ltd classified as HALAL?

Musaffa determines the Shariah status of Noble Helium 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 Noble Helium Ltd updated?

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

Can a halal stock like Noble Helium 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 Noble Helium Ltd?

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

NHE.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Noble Helium Ltd. Stock Analysis NHE.AX

Australia Energy Nano Cap Report: Q2, 2025

Noble Helium Ltd. is a helium exploration company, which engages in the exploration and development projects in Tanzania. The company is headquartered in Brisbane, Queensland. The company went IPO on 2022-04-08. The firm's projects include North Rukwa Helium Project, North Nyasa Project, Eyasi Basin and Manyara Basin. The North Rukwa Project is the Company's flagship project located in the Rukwa Basin in southwest Tanzania, which comprises approximately twelve granted prospecting licenses (PL) covering a combined area of over 1,467 square kilometers (km2). The North Nyasa Project holds two Prospecting Licences (PL) totaling over 466 km2 in the North Basin of the Nyasa (Malawi) Rift area. The Eyasi and Manyara Projects have approximately five PL, covering over 1,138 km2 in the Eyasi Basin and four PLs applications, covering over 855 km2 in the Manyara Basin, both located in central northern Tanzania.

Key Statistics of Noble Helium Ltd (NHE.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

2.81M

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.06

Market Cap

20.65M

Avg. Volume

345.10K

Dividend Yield

Financial Metrics & Statements of Noble Helium Ltd (NHE.AX)

FAQ's for Noble Helium Ltd (NHE.AX)

According to Musaffa’s Shariah screening methodology, Noble Helium Ltd (NHE.AX) is currently classified as HALAL as of July 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.