Tiger Oil & Energy, Inc. engages in the exploration, development, and redevelopment of oil and gas fields. The company is headquartered in Carson City, Nevada. The company went IPO on 2001-07-16. The firm is engaged in the acquisition of oil and gas leases. The company applies advanced drilling, completion and secondary recovery techniques to shut-in and low producing wells. The firm has acquired two leases, namely Upchurch and Defore 19-1 Well and 19-2 saltwater disposal well (SWD). The Upchurch lease is an approximately 75 acre lease held by production. The well hit oil at approximately 1800 feet in the Knox formations. The Knox formation is an oil formation in Kentucky and runs at depths ranging from 1600-2300 feet. The Defore lease is an approximately 80 acres oil and gas lease held by production, it contains both an oil well and a SWD.
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As of August 2026, Tiger Oil and Energy Inc TGRO 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 Tiger Oil and Energy Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Tiger Oil and Energy 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 Tiger Oil and Energy 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 Tiger Oil and Energy 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 Tiger Oil and Energy 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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