Is Terra Energy Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Terra Energy Resources Ltd (TRRE) is currently classified as HALAL as of November 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.

Is Terra Energy Resources Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Terra Energy Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Terra Energy Resources Ltd?

Muslim investors may consider investing in Terra Energy Resources Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Terra Energy Resources Ltd classified as HALAL?

Musaffa determines the Shariah status of Terra Energy Resources Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Terra Energy Resources Ltd updated?

The Shariah compliance status of Terra Energy Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Terra Energy Resources Ltd become non-compliant?

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.

Where can I check the Shariah status of Terra Energy Resources Ltd?

You can check the latest Shariah compliance status of Terra Energy Resources Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

TRRE Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: November 19, 2024

Report Source: 2024 2nd Quarter Report

Terra Energy Resources Ltd. Stock Analysis TRRE

United States Materials Nano Cap Report: Q2, 2024

Terra Energy Resources Ltd. engages in the acquisition of income earning commercial real estate properties and undervalued land and properties in the United States and other markets. The company is headquartered in New York City, New York. The company went IPO on 2008-06-04. In addition to its core real estate ventures, the Company is actively expanding into the acquisition and development of mental health care and long-term care facilities. The firm is focused on acquiring income-generating commercial properties and undervalued real estate in the United States and emerging markets.

Key Statistics of Terra Energy Resources Ltd (TRRE)

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

Today's Range

$0.03$0.03

Today's Open

$0.03

Volume

2500.00

P/E Ratio (TTM)

52 Week Range

$0.00$0.05

Market Cap

13.02M

Avg. Volume

20.53K

Dividend Yield

Financial Metrics & Statements of Terra Energy Resources Ltd (TRRE)

FAQ's for Terra Energy Resources Ltd (TRRE)

According to Musaffa’s Shariah screening methodology, Terra Energy Resources Ltd (TRRE) is currently classified as HALAL as of November 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.