Veren Inc 0160.SG
€5.45
Last Updated: May 12, 12:00 AM·XSTU
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0160.SG Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Veren Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Veren Inc. Stock Analysis 0160.SG
Germany Energy Mid Cap Veren, Inc. engages in the exploration, development, and production of oil and gas properties. The company is headquartered in Calgary, Alberta and currently employs 746 full-time employees. The company went IPO on 2001-10-31. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.
Veren Inc (0160.SG) Chart
Financial Metrics & Statements of Veren Inc (0160.SG)
FAQ's for Veren Inc (0160.SG)
- As of August 2026, Veren Inc 0160.SG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Veren Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Veren Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Veren Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Veren Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Veren Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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