TAG Oil Ltd TAOIF
$0.06 $0.00 (6.94%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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TAOIF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, TAG Oil Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
TAG Oil Ltd. Stock Analysis TAOIF
United States Energy Nano Cap TAG Oil Ltd. is a development stage international oil and gas company, which engages in the production, development, and exploration of assets in New Zealand and Australia. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2005-07-18. The company holds an interest in the Badr Oil Field (BED-1), a 26,000-acre concession located in the Western Desert, Egypt, through a production services agreement (the PSA) with Badr Petroleum Company (BPCO). The company is focused on BED-1, the re-completion and evaluation operations of the BED 1-7 vertical well. These initial operations are part of its phase I development program of Abu Roash F (ARF) reservoir in BED-1. The BED 1-7 well started oil production from the ARF reservoir. Its Field Development Plan (FDP), consisting of drilling 20 horizontal wells to be completed with multi-stage fracture stimulation, is focused on the east central part of the BED-1 concession area and includes OIIP P50 volumes of 178.3 million barrels and mean volumes of 179.0 million barrels. Its subsidiaries include TAG Energy International Ltd., CX Oil Limited, and others.
TAG Oil Ltd (TAOIF) Chart
Financial Metrics & Statements of TAG Oil Ltd (TAOIF)
FAQ's for TAG Oil Ltd (TAOIF)
- As of August 2026, TAG Oil Ltd TAOIF 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 TAG Oil Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in TAG Oil 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 TAG Oil 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 TAG Oil 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 TAG Oil Ltd 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 TAG Oil Ltd (TAOIF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
