Coelacanth Energy Inc

CEI.V

Compliant
Exchange
Sector
Headquarters
Group
TSE
Energy
Canada
Small Cap

Coelacanth Energy Inc is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

0.54%

Impure Income*

$0.000

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Small Cap
BUY
$0.88
3
357.20%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-84.82%
-80.60%
0.00
0.31
0.47%

Shariah Compliance

  • Updated on June 4, 2026
Debt
14.36%
✓
Non-Compliant Assets
✓
Impure Income
0.54%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
16.54%
✓
Impure Income
0.54%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
15.44%
✓
Impure Income
0.54%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
27.09%
✓
Cash
0.17%
✓
Cash & AR
1.54%
✓
Impure Income
0.54%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
27.09%
✓
Cash
0.17%
✓
Cash & AR
1.54%
✓
Impure Income
0.54%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.54%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Coelacanth Energy Inc. is a Canada-based an oil and natural gas company. The Company is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company has land located in the Two Rivers area of northeastern British Columbia. The Company owns approximately 150 (net) sections of Montney acreage in the Two Rivers and surrounding area. The Company has commenced drilling on the 5-19 Pad at Two Rivers East with the first well spud.