No. As of October 2026, Sunda Energy PLC (SNDA.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sunda Energy PLC does not pass Musaffa's business and financial screening criteria.
Sunda Energy Plc engages in exploration of oil and gas. The firm is focused on the exploration, appraisal and early development of gas assets in Southeast Asia. The company operates a Production Sharing Contract (PSC) in Timor-Leste that includes a gas field called Chuditch through its local subsidiary. Its wholly owned Timor-Leste subsidiary, SundaGas Banda Unipessoal Lda. (SundaGas) is the operator of and 60% interest holder in the offshore Timor-Leste TL-SO-19-16 PSC. The Chuditch PSC is located approximately 185 kilometers (km) south of Timor-Leste, 100 km east of the producing Bayu-Undan field, and 50 km south of the Greater Sunrise potential development. The company covers an area of approximately 3,571 square kilometers (km2), at water depths of 50-100 meters, and contains the Chuditch-1 gas discovery.
Sunda Energy PLC SNDA.L
GBX1.50 GBX0.05 (3.45%) 1D
Last Updated: Oct 13, 12:00 AM·LSE
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SNDA.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sunda Energy PLC is classified as not halal.
NOT HALAL
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FAQ's for Sunda Energy PLC (SNDA.L)
As of October 2026, Sunda Energy PLC SNDA.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 Sunda Energy PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Sunda Energy 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 Sunda Energy 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 Sunda Energy 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 Sunda Energy 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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