As of August 2026, Tethys Oil AB is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Tethys Oil AB. Stock Analysis TTHYF
United States Energy Micro Cap
Tethys Oil AB engages in the business of exploring and producing oil and natural gas. The company is headquartered in Stockholm, Stockholm and currently employs 31 full-time employees. The company went IPO on 2004-04-06. The firm is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the Company holds licence interests in three onshore blocks. Tethys Oil has licences in three countries altogether: Oman, Lithuania and France. Two of the licenses are in production, namely Blocks 3 & 4 in Oman and Gargzdai in Lithuania. During 2013 the Company also had licenses in Sweden, however, they have expired and were not renewed. As of December 31, 2013, the Company had 10 wholly owned subsidiaries active in Sweden, Gibraltar, Switzerland and the British Virgin Islands, such as Tethys Oil Denmark AB, Tethys Oil Spain AB and Tethys Oil Turkey AB, among others.
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Financial Metrics & Statements of Tethys Oil AB (TTHYF)
FAQ's for Tethys Oil AB (TTHYF)
As of August 2026, Tethys Oil AB TTHYF 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 Tethys Oil AB using these criteria to determine its compliance status.
Muslim investors may consider investing in Tethys Oil AB 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 Tethys Oil AB 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 Tethys Oil AB 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 Tethys Oil AB on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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