As of August 2026, Synergia Energy Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Synergia Energy Ltd. Stock Analysis OIEXF
United States Energy Nano Cap
Synergia Energy Ltd. engages in the exploration, production, appraisal, and development of oil and gas. The company is headquartered in Perth, Western Australia. The company went IPO on 2003-10-24. The firm is focused on identifying natural gas assets with development potential and develop gas production from proven gas fields or exploration assets in proven gas producing basins. The company is also focused on carbon-neutral gas production. Its operation in India is located in the Cambay Basin, covering approximately 161 square kilometers in Gujarat State. The firm's Medway Hub Carbon Capture and Storage (CCS) project comprises the transportation of carbon dioxide (CO2) emissions from coastal combined cycle gas turbines (CCGT) power stations and from continental European carbon hubs in liquid form by marine tanker to a Floating Injection, Storage and Offloading vessel (FISO) from which the CO2 would be injected into the Camelot depleted gas field and the overlying Bunter saline aquifer.
Synergia Energy Ltd (OIEXF) Chart
Financial Metrics & Statements of Synergia Energy Ltd (OIEXF)
FAQ's for Synergia Energy Ltd (OIEXF)
As of August 2026, Synergia Energy Ltd OIEXF 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 Synergia Energy Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Synergia 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 Synergia 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 Synergia 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 Synergia 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 Synergia Energy Ltd (OIEXF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.