No. As of October 2026, Seascape Energy Asia PLC (SEA.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Seascape Energy Asia PLC does not pass Musaffa's business and financial screening criteria.
Seascape Energy Asia Plc engages in the provision of support activities for petroleum and natural gas extraction. The firm's Malaysian operations include Kertang Prospect, DEWA Cluster and Temaris Cluster PSC. Its segments include Malaysia and Head Office. The company has a 10% participating interest in Block 2A, located offshore Sarawak, eastern Malaysia. Block 2A is located offshore Sarawak, eastern Malaysia in the North Luconia hydrocarbon province, covering approximately 12,000 square kilometers (km2) in water depths between100 meters-1,400 meters. The firm owns a 28% participating interest in a Small Field Asset Production Sharing Contract over the DEWA Complex Cluster off the coast of Sarawak, Malaysia. The company also owns a 100% participating interest as operator in a Small Field Asset Production Sharing Contract over the Temaris Cluster offshore Peninsular Malaysia. Temaris comprises two gas discoveries located on the western flank of the Malay basin.
Seascape Energy Asia PLC SEA.L
GBX105.09 GBX0.75 (0.72%) 1D
Last Updated: Oct 02, 12:00 AM·LSE
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SEA.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Seascape Energy Asia PLC is classified as not halal.
NOT HALAL
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FAQ's for Seascape Energy Asia PLC (SEA.L)
As of October 2026, Seascape Energy Asia PLC SEA.L 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 Seascape Energy Asia PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Seascape Energy Asia 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 Seascape Energy Asia 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 Seascape Energy Asia 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 Seascape Energy Asia 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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