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CJAX Shariah Compliance
Screening Methodology: AAOIFI
HALAL
Last Updated: August 02, 2024
Report Source: 2024 1st Quarter Report
CoJax Oil & Gas Corp. Stock Analysis CJAX
United States N/A Micro Cap Report: CoJax Oil & Gas Corp. engages in the acquisition, exploration, and development of oil properties. The company is headquartered in Shreveport, Louisiana and currently employs 2 full-time employees. The company went IPO on 2021-10-21. The Company’s assets and principal properties are located in the Gulf States Drill Region, where it targets the acquisition and subsequent exploitation and development of crude oil, including acquisitions of hydrocarbon revenues and underlying oil and gas exploration and production rights. The firm focuses on the acquisition of and exploitation of upstream energy assets, specifically targeting select oil and gas mineral interests. These acquisitions are structured primarily as acquisitions of leases, working interests, real property interests and mineral rights and royalties and are generally not regarded as the acquisition of securities, but rather real property interests. The firm runs all operations of its acquisitions through Barrister Energy LLC, the operational subsidiary.
Read More CoJax Oil & Gas Corp (CJAX) Chart
Key Statistics of CoJax Oil & Gas Corp (CJAX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$3.55Volume
140.00P/E Ratio (TTM)
-52 Week Range
Market Cap
50.30MAvg. Volume
-Dividend Yield
-Financial Metrics & Statements of CoJax Oil & Gas Corp (CJAX)
FAQ's for CoJax Oil & Gas Corp (CJAX)
- According to Musaffa’s Shariah screening methodology, CoJax Oil & Gas Corp (CJAX) is currently classified as HALAL as of August 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes CoJax Oil & Gas Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in CoJax Oil & Gas Corp 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 CoJax Oil & Gas Corp 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 CoJax Oil & Gas Corp 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 CoJax Oil & Gas Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.