As of August 2026, Record Resources Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Record Resources Inc. Stock Analysis RECRF
United States N/A Nano Cap
Record Resources, Inc. engages in the exploration, development, and production of petroleum and natural gas assets. The company is headquartered in Sherwood Park, Alberta. The company went IPO on 2012-01-06. The firm is focused on acquiring and developing its hydrogen and gold exploration properties. The firm's hydrogen projects include Beauchamp Natural Hydrogen Property, Lorrain-Bucke Property and Paradis Bay Property. The firm's Kirkland Lake Gold Properties include Grenfell, Kenogami East, Amikougami, and Otto. The Beauchamp Natural Hydrogen Property consists of approximately 300 claims and is situated on a broad northwesterly-trending Lake Timiskaming Rift zone, split by the Cross Lake Fault and extending northward to touch the western margin of the Lake Timiskaming Westshore fault. The Paradis Bay Property consists of approximately 27 mineral claims. The Grenfell Gold Property comprises a series of contiguous mining leases and mining claims covering about 6.7 square kilometers. The Kenogami East Gold Property consists of approximately 11 claim cells known as Kenogami East, in the Kirkland Lake Mining Camp, Ontario.
Record Resources Inc (RECRF) Chart
Financial Metrics & Statements of Record Resources Inc (RECRF)
FAQ's for Record Resources Inc (RECRF)
As of August 2026, Record Resources Inc RECRF is classified as not halal 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 Record Resources Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Record Resources Inc 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 Record Resources Inc 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 Record Resources Inc 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 Record Resources Inc 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 Record Resources Inc (RECRF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.