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Our 5-step halal methodology, in 90 seconds.

TRLM Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: June 12, 2024

Report Source: 2024 1st Quarter Report

Truleum Inc

Truleum Inc. Stock Analysis TRLM

United States Energy Nano Cap Report:
Truleum, Inc. engages in the acquisition, drilling and development of oil and gas properties. The company is headquartered in Golden, Colorado and currently employs 1 full-time employees. The company went IPO on 2016-06-27. The firm is engaged in purchasing, developing and operating oil and natural gas leases. The firm is focused on the exploration, development, and production of oil and natural gas reserves. The firm focuses on leveraging advanced technologies to optimize extraction processes and maximize resource efficiency. The company owns 36 well bores in Logan County of which 11 are in production targeting the Mississippian and Carmichael zones. Its wholly owned subsidiary is Alpha Energy Texas Operating, LLC.
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Truleum Inc (TRLM) Chart

Key Statistics of Truleum Inc (TRLM)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.00$0.00

Today's Open

$0.00

Volume

100.00

P/E Ratio (TTM)

-

52 Week Range

$0.00$0.00

Market Cap

10.90K

Avg. Volume

170.00

Dividend Yield

-

Financial Metrics & Statements of Truleum Inc (TRLM)

FAQ's for Truleum Inc (TRLM)

  • According to Musaffa’s Shariah screening methodology, Truleum Inc (TRLM) is currently classified as HALAL as of June 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Truleum Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Truleum 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 Truleum 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 Truleum 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 Truleum 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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