Is Trio Petroleum Corp (TPET) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.0% / 30% | 3.7% / 30% | 0.3% / 30% | 352.24% / 5% | ✗ NOT HALAL |
| DJIM | 2.0% / 33% | 3.7% / 33% | 0.3% / 33% | 352.24% / 5% | ✗ NOT HALAL |
| MSCI | 3.5% / 33% | 6.7% / 33% | 0.5% / 33% | 352.24% / 5% | ✗ NOT HALAL |
| S&P | 2.0% / 33% | 3.7% / 33% | 0.3% / 33% | 352.24% / 5% | ✗ NOT HALAL |
| FTSE | 3.5% / 33% | 6.7% / 33% | 0.5% / 50% | 352.24% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.1% | |
| Operating Margin | -658.3% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -55.9% | |
| Return on Assets (ROA) | -25.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $467,179 |
| Debt-to-Equity | 1.4 |
| Current Ratio | 0.5 |
| Total Assets | $13M |
Price & Trading
| Last Close | $0.80 |
| 50-Day MA | $0.86 |
| 200-Day MA | $1.02 |
| Avg Volume | 34.0M |
| Beta | -4.8 |
|
52-Week Range
$0.35
| |
About Trio Petroleum Corp (TPET)
Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship property is the South Salinas project that owns 82.75% working interest comprising approximately 9,300-acre located in Monterey, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Malibu, California.
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Frequently Asked Questions
Is Trio Petroleum Corp (TPET) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Trio Petroleum Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Trio Petroleum Corp's debt ratio?
Trio Petroleum Corp's debt ratio is 2.0% 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 3.5%.
What are Trio Petroleum Corp's key financial metrics?
Trio Petroleum Corp has a market capitalization of $29M, and revenue of $398,734. Return on equity stands at -55.9%.
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.