GUKYF Shariah Compliance
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Gulf Keystone Petroleum Ltd. Stock Analysis GUKYF
Gulf Keystone Petroleum Ltd. engages in the provision of independent oil and gas exploration and production. The firm is engaged in the business of oil and gas exploration, development and production. The firm operates in the Kurdistan Region of Iraq. The firm is the operator of the Shaikan Field, situated approximately 60 kilometers to the north-west of Erbil, the city in the Kurdistan Region of Iraq, and covering an area of over 280 square kilometers (km2). The firm has a Production Sharing Contract with the Kurdistan Regional Government and has an 80% working interest in the Shaikan license. The firm's subsidiaries include Gulf Keystone Petroleum (UK) Limited, which is engaged in management, support, geological, geophysical, and engineering services. Gulf Keystone Petroleum International Limited, which is focused on exploration, evaluation, development and production activities in Kurdistan.
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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.