Is New Zealand Energy Corp halal to invest in?

According to Musaffa's Shariah screening methodology, New Zealand Energy Corp (NZ.V) is currently classified as NOT 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 New Zealand Energy Corp 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 New Zealand Energy Corp using these criteria to determine its compliance status.

Can Muslims buy shares of New Zealand Energy Corp?

Muslim investors may consider investing in New Zealand Energy Corp 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 New Zealand Energy Corp classified as NOT HALAL?

Musaffa determines the Shariah status of New Zealand Energy Corp 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 New Zealand Energy Corp updated?

The Shariah compliance status of New Zealand Energy Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like New Zealand Energy Corp 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 New Zealand Energy Corp?

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

NZ.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 07, 2025

Report Source: 2025 1st Quarter Report

New Zealand Energy Corp. Stock Analysis NZ.V

Canada Energy Nano Cap Report: Q1, 2025

New Zealand Energy Corp. engages in acquisition, exploration, development, and production of conventional oil and natural gas resources. The company is headquartered in New Plymouth, North Island. The company went IPO on 2011-08-04. The Company, through its subsidiaries, is engaged in the exploration, appraisal, development, and production of oil and natural gas, as well as the operation of midstream assets, in New Zealand. The firm conducts its business as a single segment being the acquisition, exploration, appraisal, development and production of conventional oil, and natural gas resources in New Zealand. The Company’s geographic segment is New Zealand. The firm produces petroleum from Waihapa and Ngaere wells in the TWN Petroleum Mining Licenses and from the Copper Moki wells in the Copper Moki Mining Permit. The Waihapa Ngaere wells produce oil and gas from the fractured Oligocene Tikorangi Limestone at a depth of approximately 2700 meters.

Key Statistics of New Zealand Energy Corp (NZ.V)

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

Today's Range

CAD0.62CAD0.63

Today's Open

CAD0.63

Volume

15.00K

P/E Ratio (TTM)

52 Week Range

CAD0.18CAD0.67

Market Cap

23.02M

Avg. Volume

91.11K

Dividend Yield

Financial Metrics & Statements of New Zealand Energy Corp (NZ.V)

FAQ's for New Zealand Energy Corp (NZ.V)

According to Musaffa’s Shariah screening methodology, New Zealand Energy Corp (NZ.V) is currently classified as NOT 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.