Star Energy Group PLC STAR.L
GBX20.00
Last Updated: Oct 07, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
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Is Star Energy Group PLC Stock Halal?
Shariah Compliance Analysis of STAR.L Stock
United Kingdom Energy Micro Cap No. As of October 2026, Star Energy Group PLC (STAR.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Star Energy Group PLC does not pass Musaffa's business and financial screening criteria.
Star Energy Group Plc is an exploration company. The firm is engaged in delivering indigenous crude oil and electricity to Britain’s energy market from its fields in the East Midlands and the Weald Basin in Southern England. The company has approximately 28 fields with over 90 sites around the country, producing predominantly oil. The firm owns a 71% interest in a company which has three geothermal exploration licenses in Croatia, with the potential to develop power generation facilities that seek to supply renewable baseload power to local and regional electricity markets. Its pipeline of geothermal heat opportunities in the United Kingdom includes projects in partnership with Salisbury and Manchester University NHS Foundation Trusts to decarbonize their operations and provide a reliable long-term source of heat.
STAR.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Star Energy Group PLC is classified as not halal.
NOT HALALStar Energy Group PLC (STAR.L) Chart
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Financial Metrics & Statements of Star Energy Group PLC (STAR.L)
FAQ's for Star Energy Group PLC (STAR.L)
- As of October 2026, Star Energy Group PLC STAR.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 Star Energy Group PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Star Energy Group 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 Star Energy Group 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 Star Energy Group 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 Star Energy Group PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Star Energy Group PLC (STAR.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
