Is Top End Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Top End Energy Ltd (TEE.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Top End Energy Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Top End Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Top End Energy Ltd?

Muslim investors may consider investing in Top End Energy 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.

Why is Top End Energy Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Top End Energy Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Top End Energy Ltd updated?

The Shariah compliance status of Top End Energy Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Top End Energy Ltd become non-compliant?

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.

Where can I check the Shariah status of Top End Energy Ltd?

You can check the latest Shariah compliance status of Top End Energy Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

TEE.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Top End Energy Ltd. Stock Analysis TEE.AX

Australia Energy Nano Cap Report: Q2, 2025

Top End Energy Ltd. engages in the acquisition, exploration, and development of hydrocarbon and helium projects. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-04-04. The Company’s operations include the acquisition, exploration and development of industrial gases, including natural hydrogen, natural gas and other associated product streams, including helium. The company holds mineral rights leases in Kansas, United States and exploration permits in Northern Territory, Australia. The company holds an approximately 58% beneficial interest in 30 exploration permit (EP) applications across the Northern Territory. Its projects are located in Adavale Basin, McArthur Basin and Amadeus Basin Zone. ATP 1069 permit covers approximately 1,048 km2 situated 130 kilometers (km) northwest (NW) of Charleville in Central Queensland. The project is located approximately 75 km east of the conventional Gilmore gas field. EP 258 is located on the edge of the Greater McArthur Basin, south of discoveries within the Velkerri and Kyalla Shales and the conventional Moroak and Bessie Creek Sandstone reservoirs.

Key Statistics of Top End Energy Ltd (TEE.AX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

250.26K

P/E Ratio (TTM)

52 Week Range

AUD0.03AUD0.08

Market Cap

10.35M

Avg. Volume

141.13K

Dividend Yield

Financial Metrics & Statements of Top End Energy Ltd (TEE.AX)

FAQ's for Top End Energy Ltd (TEE.AX)

According to Musaffa’s Shariah screening methodology, Top End Energy Ltd (TEE.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.