Is Omega Oil & Gas Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Omega Oil & Gas Ltd (OMA.AX) is currently classified as NOT HALAL as of October 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 Omega Oil & Gas 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 Omega Oil & Gas Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Omega Oil & Gas Ltd?

Muslim investors may consider investing in Omega Oil & Gas 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 Omega Oil & Gas Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Omega Oil & Gas 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 Omega Oil & Gas Ltd updated?

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

Can a halal stock like Omega Oil & Gas 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 Omega Oil & Gas Ltd?

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

OMA.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 21, 2025

Report Source: 2025 Annual Report

Omega Oil & Gas Ltd. Stock Analysis OMA.AX

Australia Energy Small Cap Report: 2025 Annual

Omega Oil & Gas Ltd. engages in oil and gas exploration and development activities. The company is headquartered in Brisbane, Queensland. The company went IPO on 2022-10-25. The firm is advancing the high-potential Canyon project, which consists of Canyon-1 (Vertical Well), Canyon-2 (Vertical Well) and Canyon-1H (Horizontal Well). The Company’s Canyon-1H well revealed substantial oil and gas flows. The firm holds 100% interest in PL-17, PCA 342 (ATP 2037), and PCA 343 (ATP 2038), which are located in the Surat Basin, Queensland.

Key Statistics of Omega Oil & Gas Ltd (OMA.AX)

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

Today's Range

AUD0.82AUD0.88

Today's Open

AUD0.87

Volume

1.09M

P/E Ratio (TTM)

52 Week Range

AUD0.20AUD1.08

Market Cap

419.37M

Avg. Volume

85.51K

Dividend Yield

Financial Metrics & Statements of Omega Oil & Gas Ltd (OMA.AX)

FAQ's for Omega Oil & Gas Ltd (OMA.AX)

According to Musaffa’s Shariah screening methodology, Omega Oil & Gas Ltd (OMA.AX) is currently classified as NOT HALAL as of October 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.