Is Tamboran Resources Corp (TBN) Halal?

NYSE Energy Australia $983M
✓ HALAL
Confidence: 95/100
Tamboran Resources Corp (TBN) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 3.8% against the AAOIFI threshold of 30%, Tamboran Resources Corp comfortably passes the key financial ratio tests. The company operates in the Energy sector (Oil & Gas E&P), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.8%
/ 30%
5.6%
/ 30%
1.4%
/ 30%
N/A ✓ HALAL
DJIM 3.8%
/ 33%
5.6%
/ 33%
1.4%
/ 33%
N/A ✓ HALAL
MSCI 5.9%
/ 33%
8.8%
/ 33%
2.2%
/ 33%
N/A ✓ HALAL
S&P 3.8%
/ 33%
5.6%
/ 33%
1.4%
/ 33%
N/A ✓ HALAL
FTSE 5.9%
/ 33%
8.8%
/ 33%
2.2%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-1.90
P/B Ratio
510.6
EV/EBITDA
-38.9
EV: $1.1B
Revenue
$0
Beta
0.9
Average volatility
Current Ratio
2.0

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -8.5%
Return on Assets (ROA) -3.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$30M
Free Cash Flow-$140M
Total Debt$26M
Debt-to-Equity12.3
Current Ratio2.0
Total Assets$446M

Price & Trading

Last Close$34.55
50-Day MA$30.03
200-Day MA$24.92
Avg Volume59K
Beta0.9
52-Week Range
$17.29
$44.13

About Tamboran Resources Corp (TBN)

CEO
Mr. Todd C. Abbott
Employees
46
Sector
Energy
Industry
Oil & Gas E&P
Country
Australia
Exchange
NYSE
Market Cap
$983M
Currency
USD

Tamboran Resources Corporation, a natural gas company, engages in developing unconventional gas resources in the northern territory of Australia. Its assets include a 25% non-operated working interest in EP 161; a 38.75% working interest in EPs 76, 98, and 117; and a 100% working interest in EPs 136 and 143, as well as EP (A) 197, located in the Betaloo Basin. Tamboran Resources Corporation was founded in 2009 and is headquartered in Sydney, Australia.

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Frequently Asked Questions

Is Tamboran Resources Corp (TBN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Tamboran Resources Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Tamboran Resources Corp's debt ratio?

Tamboran Resources Corp's debt ratio is 3.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 5.9%.

What are Tamboran Resources Corp's key financial metrics?

Tamboran Resources Corp has a market capitalization of $983M. Return on equity stands at -8.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.