Is TMK Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, TMK Energy Ltd (TMK.AX) is currently classified as 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 TMK 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 TMK Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of TMK Energy Ltd?

Muslim investors may consider investing in TMK 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 TMK Energy Ltd classified as HALAL?

Musaffa determines the Shariah status of TMK 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 TMK Energy Ltd updated?

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

Can a halal stock like TMK 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 TMK Energy Ltd?

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

TMK.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 29, 2025

Report Source: 2024 Annual Report

TMK Energy Ltd. Stock Analysis TMK.AX

Australia Energy Nano Cap Report: 2024 Annual

TMK Energy Ltd. engages in oil and gas exploration. The company is headquartered in Perth, Western Australia. The company went IPO on 2008-07-10. The firm is focused on the development of Mongolia's natural gas resource. The firm's Gurvantes XXXV Project is an exploration project for coal seam gas (CSG), covering approximately 8,400 square kilometers (km2) of the South Gobi basin of Mongolia. The Gurvantes XXXV Project has approximately seven active coal mining operations, twenty-six coal mining leases and numerous coal exploration licenses. The Gurvantes XXXV Project's production wells include Lucky Fox-1, Lucky Fox-2, Lucky Fox-3, Lucky Fox-4, Lucky Fox-5, Lucky Fox-6 and Lucky Fox-7. The Gurvantes XXXV Project is strategically located less than 20 kilometers from the Chinese border and close to existing gas infrastructure in northern China.

Key Statistics of TMK Energy Ltd (TMK.AX)

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

Today's Range

AUD0.15AUD0.15

Today's Open

AUD0.15

Volume

105.05K

P/E Ratio (TTM)

52 Week Range

AUD0.06AUD0.22

Market Cap

45.74M

Avg. Volume

3.03M

Dividend Yield

Financial Metrics & Statements of TMK Energy Ltd (TMK.AX)

FAQ's for TMK Energy Ltd (TMK.AX)

According to Musaffa’s Shariah screening methodology, TMK Energy Ltd (TMK.AX) is currently classified as 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.