PARXF Shariah Compliance
Screening Methodology: AAOIFI
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Parex Resources Inc. Stock Analysis PARXF
Parex Resources, Inc. engages in the exploration, development, and production of crude oil. The company is headquartered in Calgary, Alberta and currently employs 448 full-time employees. The company went IPO on 2009-11-12. The firm is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The firm is focused on development in two main basins: Llanos and Magdalena.
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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.