ABS.H.NE Shariah Compliance
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American Biofuels Inc. Stock Analysis ABS.H.NE
American Biofuels, Inc. engages in the acquisition, exploration, and development of oil and natural gas resources. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2004-04-30. The firm was engaged in the acquisition, exploration and development of oil and gas properties including biofuel resources in the United States and Canada. Its wholly owned subsidiary is 1205742 B.C. Ltd. The firm is primarily focusing on pursuing the acquisition of a business of merit.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.