Tenth Avenue Petroleum Corp TPC.V
CAD0.07 CAD0.02 (18.75%) 1D
Last Updated: Mar 11, 12:00 AM·TSX
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Is Tenth Avenue Petroleum Corp Stock Halal?
Shariah Compliance Analysis of TPC.V Stock
Canada Energy Nano Cap Yes. As of October 2026, Tenth Avenue Petroleum Corp (TPC.V) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tenth Avenue Petroleum Corp passes Musaffa's business and financial screening criteria.
Tenth Avenue Petroleum Corp. is a junior oil and gas exploration company. The company is headquartered in Calgary, Alberta. The company went IPO on 2005-03-24. The firm is engaged in the exploration, development and production of crude oil and natural gas properties in western Canada. Its operations include Murray Lake, Vulcan, Patricia / Dinosaur, Swan Hills Unit#1, Hays and Bow Island. The firm has a 100% working interest (WI), consisting of producing Sunburst oil wells, 7-36 facility, water source wells, and injection wells, all located in Murray Lake. The Vulcan is located between the cities of Calgary and Lethbridge on Hwy 23, where the Company owns 100% WI, consisting of five producing oil wells and a multiwell oil facility. The company owns certain oil and gas assets in the Patricia area located northeast of Brooks, Alberta. The assets comprise a non-operated 49% Unit Participation plus 25% working interest in eight non-unit wells in southern Alberta with 10,240 net acres.
TPC.V Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Tenth Avenue Petroleum Corp is classified as halal.
HALALTenth Avenue Petroleum Corp (TPC.V) Chart
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Financial Metrics & Statements of Tenth Avenue Petroleum Corp (TPC.V)
FAQ's for Tenth Avenue Petroleum Corp (TPC.V)
- As of October 2026, Tenth Avenue Petroleum Corp TPC.V is classified as 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 Tenth Avenue Petroleum Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Tenth Avenue 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 Tenth Avenue 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 Tenth Avenue 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 Tenth Avenue Petroleum Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Tenth Avenue Petroleum Corp (TPC.V)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
