Is Triangle Energy (Global) Ltd halal to invest in?

As of July 2026, Triangle Energy (Global) Ltd TEG.AX 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.

Is Triangle Energy (Global) 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 Triangle Energy (Global) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Triangle Energy (Global) Ltd?

Muslim investors may consider investing in Triangle Energy (Global) 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 Triangle Energy (Global) Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Triangle Energy (Global) 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 Triangle Energy (Global) Ltd updated?

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

Can a halal stock like Triangle Energy (Global) 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 Triangle Energy (Global) Ltd?

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

Triangle Energy (Global) Ltd TEG.AX

Last Updated: Jul 07, 12:00 AM·ASX

TEG.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Triangle Energy (Global) Ltd is classified as not halal.

NOT HALAL

Report Source: 2025 2nd Quarter Report

Triangle Energy (Global) Ltd. Stock Analysis TEG.AX

Australia Energy Nano Cap Report: Q2, 2025

Triangle Energy (Global) Ltd. engages in the exploration and production of oil and gas. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-01-06. The Company’s projects include L 7 Mount Horner and UK Permits P2628 and P2650. The firm holds an approximately 50% interest in the Mt Horner L7 Production License (L7) and the EP 437 exploration license. The Mt Horner license overlies the Allanooka Terrace in the North Perth Basin and is adjacent to the prolific Dandaragan Trough, and south of Geraldton, located about five hours' drive north of Perth. The L7 Permit is situated just north of the large Waitsia, Senecio and Lockyer Deep gas fields. The company holds a 50% interest in Permit P2628 in the West Shetlands Basin in the United Kingdom offshore. The permit is operated by Athena Exploration and includes the Cragganmore gas discovery. The company also holds a 50% interest in Permit P2650 on the northern margin of the Mid-North Sea High. The permit is operated by Orcadian Exploration and includes gas exploration permits.

Key Statistics of Triangle Energy (Global) Ltd (TEG.AX)

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

Today's Range

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Today's Open

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Volume

364.70K

P/E Ratio (TTM)

3.65

52 Week Range

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Market Cap

2.22M

Avg. Volume

2.41M

Dividend Yield

Financial Metrics & Statements of Triangle Energy (Global) Ltd (TEG.AX)

Super Investors Invested in Triangle Energy (Global) Ltd (TEG.AX)

FAQ's for Triangle Energy (Global) Ltd (TEG.AX)

As of July 2026, Triangle Energy (Global) Ltd TEG.AX 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 Triangle Energy (Global) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Triangle Energy (Global) 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 Triangle Energy (Global) 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 Triangle Energy (Global) 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 Triangle Energy (Global) Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.