No. As of November 2026, Tetragon Energy Ltd (TET.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tetragon Energy Ltd does not pass Musaffa's business and financial screening criteria.
Tetragon Energy Ltd is a AU-based company operating in industry. The company is headquartered in West Perth, Western Australia. The company went IPO on 2026-07-09. Tetragon Energy Ltd is an Australia-based company engaged in oil and gas exploration and development activities in the Philippines. The firm holds interests in three Petroleum Service Contracts (PSCs) in the Philippines. The company holds a 100% interest in SC-82, an onshore petroleum service contract in the Cagayan Basin on the island of Luzon, Philippines, located approximately 250 kilometers northeast of Manila city; and a 37.5% interest in each of SC-80 and SC-81, offshore petroleum service contracts located in the south Sulu Sea near the island of Borneo. The firm's SC-80 contains the Dabakan-1 and Palendag-1A gas and condensate discoveries, which are classic Circum-Borneo toe thrust fold belt structures containing multiple turbidite sandstone reservoirs.
Tetragon Energy Ltd TET.AX
AUD0.29 AUD0.01 (1.72%) 1D
Last Updated: Nov 02, 12:00 AM·ASX
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TET.AX Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, Tetragon Energy Ltd is classified as not halal.
NOT HALAL
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FAQ's for Tetragon Energy Ltd (TET.AX)
As of November 2026, Tetragon Energy Ltd TET.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 Tetragon Energy Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Tetragon 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.
Musaffa determines the Shariah status of Tetragon Energy 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 Tetragon Energy 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 Tetragon Energy Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.