Tamboran Resources Corp

TBN: Is Tamboran Resources Corp Halal?

Tamboran Resources Corp

NYSEEnergyAU

$38.55

-3.21%

Market Cap: 1.3B

Compliance Status

Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

A+

Excellent

96Score

Is Tamboran Resources Corp (TBN) halal? Halal. Based on AAOIFI screening, Tamboran Resources Corp passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 96/100 (Grade: A+).

Quote this verdict

HalalScreener rates Tamboran Resources Corp (TBN) Halal, 96/100, grade A+ under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/TBN

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

2.0% of 30.0% limit

What this means for you

You can own TBN

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened TBN's prohibited income, but the exact share you would need to purify is part of Pro.

About Tamboran Resources Corp

Tamboran Resources Corporation is an energy firm focused on natural gas, with a core mission to unlock unconventional gas reserves situated in Australia's Northern Territory. The company's asset portfolio encompasses a 25% non-operated stake in EP 161, a 38.75% equity share across EPs 76, 98, and 117, and a complete 100% ownership interest in EPs 136, 143, and EP (A) 197. All these properties are primarily located within the prolific Beetaloo Basin. Tamboran Resources Corporation was founded in 2009 and maintains its corporate headquarters in Sydney, Australia.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Under Review

    until the change above

  3. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Tamboran Resources Corp (TBN) halal to invest in?
Based on AAOIFI Standard 21 screening, Tamboran Resources Corp (TBN) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Tamboran Resources Corp get a A+ compliance rating?
Tamboran Resources Corp (TBN) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Tamboran Resources Corp's Shariah verdict?
Tamboran Resources Corp's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Tamboran Resources Corp re-screened for Shariah compliance?
Tamboran Resources Corp (TBN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 3, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.