Shelf Drilling Ltd SHLLF
$1.70
Last Updated: Nov 14, 12:00 AM·OOTC
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SHLLF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Shelf Drilling Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Shelf Drilling Ltd. Stock Analysis SHLLF
United States Energy Small Cap Shelf Drilling Ltd. is an international shallow water offshore drilling contractor, which engages in the provision of g equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells. The company is headquartered in Dubai, Dubai and currently employs 2,448 full-time employees. The company went IPO on 2018-06-05. The Company’s services include providing equipment for the drilling, completion, maintenance and decommissioning of oil and natural gas wells. The company focuses on shallow water operations in depths of approximately up to 375 feet and fleet consists of 30 independent-leg cantilever (ILC) jack-up rigs. The firm has one reportable segment which is Contract Services it includes rigs comprising fleet operation in a single market. The Company’s subsidiaries include Shelf Drilling (Egypt) Limited, Shelf Drilling Holdings, Ltd. (SDHL) among others. The Company’s customers are national oil companies (NOCs), international oil companies (IOCs) and independent oil and natural gas companies, who contract the rigs for varying durations.
Shelf Drilling Ltd (SHLLF) Chart
Financial Metrics & Statements of Shelf Drilling Ltd (SHLLF)
FAQ's for Shelf Drilling Ltd (SHLLF)
- As of August 2026, Shelf Drilling Ltd SHLLF 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 Shelf Drilling Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Shelf Drilling 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 Shelf Drilling 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 Shelf Drilling 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 Shelf Drilling Ltd 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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