Southridge Enterprises, Inc. is a mineral exploration company, which acquires and develops natural resource properties. The company is headquartered in Dallas, Texas. The company went IPO on 2006-06-21. The Company, through its subsidiary Southridge Minerals, Inc., is engaged in acquiring and developing mineral resources in geologically permissible areas of the world. The firm seeks out on early state opportunities with mineralization indicators. The company is focused on projects in Jalisco and Nayarit States of Mexico. Its mineral properties include Cinco Minas-Gran Cabrera (Mexico) and La Esperanza. The Cinco Minas site covers approximately 10,750 hectares and is located approximately 100 kilometers northwest of the City of Guadalajara. The Gran Cabrera site covers approximately 4,300 hectares and is located approximately 35 kilometers northwest of Cinco Minas. The Esperanza Property is located around 40 kilometers north of La Estancia, Jalisco, Mexico. The Esperanza property consists of a concession covering approximately 106,333 hectares in the northern portion of the State of Jalisco.
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As of August 2026, Southridge Enterprises Inc SRGE is classified as not covered 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 Southridge Enterprises Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Southridge Enterprises 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 Southridge Enterprises 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 Southridge Enterprises 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 Southridge Enterprises Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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