TG

TGS.OL

$139.20
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.79%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

TGS ASA (TGS.OL) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$145.94
+4.8% · 8 analysts
Institutional own.
71.8%
of shares
NON-COMPLIANT
Sharia compliance
0.79%
Non-permissible income — HTR, from filings (2025-12-31)
$145.94
Price target (+4.8%) · 8 analysts
71.8%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. TGS.OL files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 40.78% 30.00% Fail
Interest-bearing investments 7.70% 30.00% Pass
Non-permissible income 0.79% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 28.57% 33.00% Pass
Interest-bearing investments 5.40% 33.00% Pass
Non-liquid assets 89.33% at least 20.00% Pass
Non-permissible income 0.79% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 28.57% 33.33% Pass
Cash + interest-bearing securities 5.40% 33.33% Pass
Accounts receivable 10.67% 33.33% Pass
Non-permissible income 0.79% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 28.57% 33.33% Pass
Cash + interest-bearing securities 5.40% 33.33% Pass
Accounts receivable 10.67% 50.00% Pass
Non-permissible income 0.79% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 62.06% 33.00% Fail
Cash + interest-bearing securities 11.72% 33.00% Pass
Accounts receivable 11.46% 33.00% Pass
Non-permissible income 0.79% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 67.51% 33.00% Fail
Cash + interest-bearing securities 12.75% 49.00% Pass
Accounts receivable 12.46% 49.00% Pass
Non-permissible income 0.79% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 67.51% 33.33% Fail
Cash + interest-bearing securities 12.75% 33.33% Pass
Accounts receivable 25.22% 49.00% Pass
Non-permissible income 0.79% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

155.58133.30111.0188.7366.452025-09-112026-03-112026-09-09

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
135.20
S2
137.10
S1
138.50
PIVOT
140.40
R1
141.80
R2
143.70
R3
145.10

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
123.607 145.793
±8.24% from 134.7, made 2026-09-04 · resolves 2026-09-11
BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21837 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)60.70NEUTRAL
Stochastic %K (14)99.32SELL
CCI (20)113.59SELL
Williams %R (14)-0.68SELL
MACD (12,26,9)0.61BUY
ROC (10)5.70BUY
Momentum (10)7.70BUY
EMA (10)137.21BUY
SMA (10)135.23BUY
EMA (20)136.02BUY
SMA (20)136.61BUY
EMA (30)135.45BUY
SMA (30)134.58BUY
EMA (50)134.98BUY
SMA (50)132.98BUY
EMA (100)131.80BUY
SMA (100)138.30BUY
EMA (200)116.69BUY
SMA (200)119.78BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About TGS ASA

Energy · Oil & Gas Equipment & Services

TGS ASA provides geoscience data services to the oil and gas industry in Norway and internationally. It operates through Multi client, Marine Data Acquisition (MDA), Imaging, New Energy Solutions (NES), and Shared Services segments. The company offers seismic data using robust technology and imaging solutions; well data recorded expertly matched and validated, from permit to abandonment; carbon storage and monitoring solutions; wind energy data partner throughout the wind development lifecycle; solar operations; and asset management services. It also offers applications for oil and gas, new energies, data platforms, and ai/machine learning. TGS ASA has a agreement with Ministry of Hydrocarbon and Mining Development of the Republic of Equatorial Guinea to create an offshore MegaSurvey. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

tgs.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — filings.xbrl.org ESEF XBRL

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Unverified
Debt ratio 2.1% (< 30%)
Investments ratio 0.4% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio 13.9% (< 33%)
Investments ratio 3.0% (< 33%)
Nonliquid assets ratio 97.0% (< 20%)
Non permissible income ratio no data
Net liquid assets -$1.1B (mkt cap $27.4B)

Based on the filing period ending 2024-12-31, figures in NOK.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.