ShaMaran Petroleum Corp SHASF
$0.10
Last Updated: Jun 15, 12:00 AM·OOTC
Pricing for US stocks is delayed by 24 hours
SHASF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, ShaMaran Petroleum Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
ShaMaran Petroleum Corp. Stock Analysis SHASF
United States Energy Small Cap ShaMaran Petroleum Corp. engages in the oil and gas exploration and production. The company is headquartered in Vancouver, British Columbia. The firm is engaged in the business of oil and gas exploration and production and holds interests in production sharing contracts. The firm has a 50% working interest (66.7% paying interest) in the Atrush Block in the Kurdistan Region of Iraq (KRI) through its wholly owned subsidiary ShaMaran Atrush Ltd. The company also has 18% working interest (22.5% paying interest) in the Sarsang Block in the KRI through its wholly owned subsidiary, ShaMaran Sarsang A/S. The firm is focused on developing the considerable reserve and production upside potential of its projects.
ShaMaran Petroleum Corp (SHASF) Chart
Financial Metrics & Statements of ShaMaran Petroleum Corp (SHASF)
FAQ's for ShaMaran Petroleum Corp (SHASF)
- As of August 2026, ShaMaran Petroleum Corp SHASF 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 ShaMaran Petroleum Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in ShaMaran Petroleum Corp 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 ShaMaran Petroleum Corp 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 ShaMaran Petroleum Corp 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 ShaMaran Petroleum Corp 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 ShaMaran Petroleum Corp (SHASF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
