Allied Resources, Inc. is an independent oil and natural gas producer. The company is headquartered in Salt Lake City, Utah. The company went IPO on 2005-06-17. The firm is involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie Counties, West Virginia, and Goliad and Edwards counties, Texas. Its principal products are comprised of oil, natural gas, and liquids. The company owns varying interests in six wells in Texas on two leases operated by independent third parties. All the wells in which it has interest are situated on developed acreage spread over 2,470 acres in Goliad and Edwards Counties. The depth of the producing intervals varies from 7,600 feet (ft) to 9,600 feet. The company also owns varying interests in a total of 145 wells in West Virginia on several leases operated by an independent operator. All the wells in which it has interest are situated on developed acreage spread over 3,400 acres in Ritchie and Calhoun Counties. The depth of the producing intervals varies from 1,730 ft to 5,472 ft.
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As of August 2026, Allied Resources Inc ALOD is classified as not covered 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 Allied Resources Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Allied Resources 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 Allied Resources 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 Allied Resources 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 Allied Resources 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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