Is Pardee Resources Co halal to invest in?

According to Musaffa's Shariah screening methodology, Pardee Resources Co (PDER) is currently classified as DOUBTFUL as of January 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Pardee Resources Co a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Pardee Resources Co using these criteria to determine its compliance status.

Can Muslims buy shares of Pardee Resources Co?

Muslim investors may consider investing in Pardee Resources Co if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Pardee Resources Co classified as DOUBTFUL?

Musaffa determines the Shariah status of Pardee Resources Co by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Pardee Resources Co updated?

The Shariah compliance status of Pardee Resources Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Pardee Resources Co become non-compliant?

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.

Where can I check the Shariah status of Pardee Resources Co?

You can check the latest Shariah compliance status of Pardee Resources Co on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

PDER Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: January 13, 2025

Report Source: 2024 3rd Quarter Report

Pardee Resources Co. Stock Analysis PDER

United States Energy Micro Cap Report: Q3, 2024

Pardee Resources Co. engages in the investment in natural resource properties. The company is headquartered in Philadelphia, Pennsylvania. The company went IPO on 2001-11-21. The firm's subsidiaries own land, mineral rights, farmland, agricultural leases, and solar photovoltaic systems, principally in West Virginia, Virginia, Kentucky, Louisiana, Colorado, New Jersey, Texas, Arizona, California, and Portugal. Through its subsidiaries, the Company grants timber-cutting rights on certain of its properties, leases certain of its properties to third parties for coal mining and processing, grows table grapes and almonds, and leases properties to third parties for oil and gas exploration and production. Also, through its subsidiaries, the Company owns developed and undeveloped oil and gas rights and participates in oil and gas prospects on properties leased from third parties.

Key Statistics of Pardee Resources Co (PDER)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$255.00$265.00

Today's Open

$258.00

Volume

1406.00

P/E Ratio (TTM)

52 Week Range

$255.00$324.00

Market Cap

186.81M

Avg. Volume

557.68

Dividend Yield

Financial Metrics & Statements of Pardee Resources Co (PDER)

FAQ's for Pardee Resources Co (PDER)

According to Musaffa’s Shariah screening methodology, Pardee Resources Co (PDER) is currently classified as DOUBTFUL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.