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Is Pardee Resources Co Stock Halal?
Shariah Compliance Analysis of PDER Stock
No. As of November 2026, Pardee Resources Co (PDER) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Pardee Resources Co does not fully pass Musaffa's business and financial screening criteria.
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.
PDER Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, Pardee Resources Co is classified as doubtful.
DOUBTFULPardee Resources Co (PDER) Chart
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Financial Metrics & Statements of Pardee Resources Co (PDER)
FAQ's for Pardee Resources Co (PDER)
- As of November 2026, Pardee Resources Co PDER is classified as doubtful 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 Pardee Resources Co using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of Pardee Resources Co 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 Pardee Resources Co on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Pardee Resources Co (PDER)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.