Is Lakes Blue Energy NL halal to invest in?

As of July 2026, Lakes Blue Energy NL LKO.AX is classified as 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 Lakes Blue Energy NL 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 Lakes Blue Energy NL using these criteria to determine its compliance status.

Can Muslims buy shares of Lakes Blue Energy NL?

Muslim investors may consider investing in Lakes Blue Energy NL 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 Lakes Blue Energy NL classified as HALAL?

Musaffa determines the Shariah status of Lakes Blue Energy NL 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 Lakes Blue Energy NL updated?

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

Can a halal stock like Lakes Blue Energy NL 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 Lakes Blue Energy NL?

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

Lakes Blue Energy NL LKO.AX

Last Updated: Jul 23, 12:00 AM·ASX

LKO.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Lakes Blue Energy NL is classified as halal.

HALAL

Report Source: 2025 2nd Quarter Report

Lakes Blue Energy NL. Stock Analysis LKO.AX

Australia Energy Nano Cap Report: Q2, 2025

Lakes Blue Energy NL engages in the operation and exploration of oil and gas reserves. The company is headquartered in Sydney, New South Wales. Its projects include Nangwarry Carbon Dioxide, Wombat Gas Field, Trifon/Gangell Gas Field, Baragwanath Gas Field, Roma Shelf Oil and Gas Project, Enterprise North, Otway-1, Portland Energy Project, and Buna. Through its subsidiary, Otway Energy Pty Ltd, the Company holds 50% of, and operates PRL 249. PRL 249 contains the Nangwarry Carbon Dioxide Project. Through Gippsland, it focuses on Petroleum Retention Lease 2 (PRL2), within which the Wombat (100% LKO) and Trifon/Gangell (57.2% LKO) gas fields are located. The company holds 100% of ATP 1183, which is located in the Roma Shelf area of Queensland. ATP 1183 contains multiple oil and gas exploration targets, including Wellesley, Riverslea Updip, Major, Emu Apple, and Bendee, with significant conventional prospective resource potential.

Key Statistics of Lakes Blue Energy NL (LKO.AX)

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

Today's Range

AUD0.46AUD0.47

Today's Open

AUD0.47

Volume

10.43K

P/E Ratio (TTM)

9.01

52 Week Range

AUD0.32AUD1.75

Market Cap

49.93M

Avg. Volume

20.04K

Dividend Yield

Financial Metrics & Statements of Lakes Blue Energy NL (LKO.AX)

Super Investors Invested in Lakes Blue Energy NL (LKO.AX)

FAQ's for Lakes Blue Energy NL (LKO.AX)

As of July 2026, Lakes Blue Energy NL LKO.AX is classified as 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 Lakes Blue Energy NL using these criteria to determine its compliance status.
Muslim investors may consider investing in Lakes Blue Energy NL 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 Lakes Blue Energy NL 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 Lakes Blue Energy NL 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 Lakes Blue Energy NL on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.