SHP.CN Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: July 18, 2025

Report Source: 2025 3rd Quarter Report

Shoal Point Energy Ltd

Shoal Point Energy Ltd. Stock Analysis SHP.CN

Canada Energy Nano Cap Report:
Shoal Point Energy Ltd. engages in the acquisition, exploration, and development of oil and natural gas properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2010-11-22. The firm has oil and gas interests in the Humber Arm Allochthon play in western Newfoundland. The company holds the rights to the exploration lands covering approximately 220,000 acres in the near offshore of the west coast of Newfoundland. The company is suing the government of Newfoundland and Labrador for de facto expropriating certain exploration lands, among other claims. The Company’s subsidiary is Shoal Point U.S.A. Inc.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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