Is Red Sky Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Red Sky Energy Ltd (ROG.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 Red Sky Energy 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 Red Sky Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Red Sky Energy Ltd?

Muslim investors may consider investing in Red Sky 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.

Why is Red Sky Energy Ltd classified as HALAL?

Musaffa determines the Shariah status of Red Sky Energy 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 Red Sky Energy Ltd updated?

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

Can a halal stock like Red Sky Energy 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 Red Sky Energy Ltd?

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

ROG.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 28, 2025

Report Source: 2024 Annual Report

Red Sky Energy Ltd. Stock Analysis ROG.AX

Australia Energy Nano Cap Report: 2024 Annual

Red Sky Energy Ltd. engages in the business of exploring for economic deposits of oil and gas. The company is headquartered in Melbourne, Victoria. The company went IPO on 2007-05-23. The principal activities of the Company include exploration for economic deposits of oil and gas. The Company’s projects include Killanoola and Innamincka. The Killanoola Oil Project is the Company’s 100% owned flagship project located in South Australia’s onshore Otway Basin. Its PRL-13 license covers an area of 17.5 square kilometers (sq km) and is located in southeastern South Australia close to the Jacaranda Ridge and Haselgrove Gas Fields and Katnook Gas Processing Facility in the Penola Trough of the onshore Otway Basin. The company has a 20% working interest in Innamincka Project, which holds interests in Petroleum Retention License (PRL)-14, PRL-17, PRL-18, PRL-180, PRL-181 and PRL-182, which are located in South Australia. The Company’s subsidiaries include Red Sky NT Pty Ltd and Red Sky Killanoola Pty Ltd.

Key Statistics of Red Sky Energy Ltd (ROG.AX)

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

Today's Range

AUD0.00AUD0.00

Today's Open

AUD0.00

Volume

596.74K

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.01

Market Cap

20.74M

Avg. Volume

4.15M

Dividend Yield

Financial Metrics & Statements of Red Sky Energy Ltd (ROG.AX)

FAQ's for Red Sky Energy Ltd (ROG.AX)

According to Musaffa’s Shariah screening methodology, Red Sky Energy Ltd (ROG.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.