Nostrum Oil & Gas PLC NOGL.TU
NOGL.TU Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Nostrum Oil & Gas PLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nostrum Oil & Gas PLC. Stock Analysis NOGL.TU
United Kingdom Energy Nano Cap Nostrum Oil & Gas Plc operates as a holding company which engages in the production, development, and exploration of oil and gas in the pre-Caspian Basin. The firm is engaged in owning gas processing facilities and an export hub in north-west Kazakhstan. The Company’s producing asset is the Chinarevskoye field, which is operated by its wholly-owned subsidiary, Zhaikmunai LLP, which is a 274-square-kilometer license located to the north of Uralsk. The Chinarevskoye field is positioned in the pre-Caspian basin, which is the location of numerous gas discoveries, including Rozhkovskoye field and its neighboring licenses. Chinarevskoye field is a multi-layer structure with approximately 17 reservoirs and 53 compartments spread over three areas. Its products include crude oil, stabilized condensate, liquefied petroleum gas (LPG) and dry gas. The firm also owns an 80% interest in Positiv Invest LLP, which holds the subsoil use rights for the Kamenskoe and Kamensko-Teplovsko-Tokarevskoe areas in the West Kazakhstan region (the Stepnoy Leopard fields).
Nostrum Oil & Gas PLC (NOGL.TU) Chart
Financial Metrics & Statements of Nostrum Oil & Gas PLC (NOGL.TU)
FAQ's for Nostrum Oil & Gas PLC (NOGL.TU)
- As of August 2026, Nostrum Oil & Gas PLC NOGL.TU 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 Nostrum Oil & Gas PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Nostrum 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.
- Musaffa determines the Shariah status of Nostrum Oil & Gas PLC 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 Nostrum Oil & Gas PLC 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 Nostrum Oil & Gas PLC 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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