Is Tethys Petroleum Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Tethys Petroleum Ltd (TPL.V) is currently classified as HALAL as of February 2026. 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 Tethys Petroleum 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 Tethys Petroleum Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Tethys Petroleum Ltd?

Muslim investors may consider investing in Tethys Petroleum 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 Tethys Petroleum Ltd classified as HALAL?

Musaffa determines the Shariah status of Tethys Petroleum 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 Tethys Petroleum Ltd updated?

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

Can a halal stock like Tethys Petroleum 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 Tethys Petroleum Ltd?

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

TPL.V Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 02, 2026

Report Source: 2025 3rd Quarter Report

Tethys Petroleum Ltd. Stock Analysis TPL.V

Canada Energy Micro Cap Report: Q3, 2025

Tethys Petroleum Ltd. engages in the exploration, development, and production of oil and natural gas resources. The company is headquartered in Aktobe, Aktyubinskaya Oblast. The company went IPO on 2010-06-25. Through its subsidiaries, TethysAralGas LLP and Kul-Bas LLP, it operates over four contracts in the North Ustyurt basin to the west of the Aral Sea adjacent to the prolific Pre-Caspian basin. The company has a 100% working interest in the Kyzyloi Production Contract (449 square kilometers (km2)), Akkulka Exploration License and Contract (827 km2), Akkulka Production Contract (396 km2) and Kul-Bas Exploration and Production Contract (7,632 km2). The Kul-Bas exploration and production contract area surrounds the Akkulka block, which has an exploration area of over 7,632 km2. Kyzyloi and Akkulka gas development fields are tied into the Bukhara-Urals gas pipeline by an over 56-kilometer pipeline owned and built by the Company. The Doris oil field provides over two oil-bearing zones, the lower zone and an upper, lower cretaceous sandstone zone.

Key Statistics of Tethys Petroleum Ltd (TPL.V)

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

Today's Range

CAD1.31CAD1.50

Today's Open

CAD1.50

Volume

5120.00

P/E Ratio (TTM)

52 Week Range

CAD0.79CAD2.00

Market Cap

131.73M

Avg. Volume

6328.00

Dividend Yield

Financial Metrics & Statements of Tethys Petroleum Ltd (TPL.V)

FAQ's for Tethys Petroleum Ltd (TPL.V)

According to Musaffa’s Shariah screening methodology, Tethys Petroleum Ltd (TPL.V) is currently classified as HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.