Is West Texas Resources Inc halal to invest in?

According to Musaffa's Shariah screening methodology, West Texas Resources Inc (WTXR) is currently classified as NOT COVERED as of May 2026. 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 West Texas Resources Inc 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 West Texas Resources Inc using these criteria to determine its compliance status.

Can Muslims buy shares of West Texas Resources Inc?

Muslim investors may consider investing in West Texas Resources 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.

Why is West Texas Resources Inc classified as NOT COVERED?

Musaffa determines the Shariah status of West Texas Resources Inc 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 West Texas Resources Inc updated?

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

Can a halal stock like West Texas Resources Inc 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 West Texas Resources Inc?

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

West Texas Resources Inc. Stock Analysis WTXR

United States N/A Nano Cap

West Texas Resources, Inc. owns oil and gas interests in Port Hudson Field, West Cam 225 Field, Wolfcamp Field, Sunshine Prospect, and Stansell Field. The company is headquartered in Frisco, Texas. The company went IPO on 2012-10-24. The firm has leased interests in oil properties in North America.

Key Statistics of West Texas Resources Inc (WTXR)

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

Today's Range

$0.20$0.39

Today's Open

$0.38

Volume

14.57K

P/E Ratio (TTM)

52 Week Range

$0.06$0.48

Market Cap

1.64M

Avg. Volume

25.08K

Dividend Yield

Financial Metrics & Statements of West Texas Resources Inc (WTXR)

FAQ's for West Texas Resources Inc (WTXR)

According to Musaffa’s Shariah screening methodology, West Texas Resources Inc (WTXR) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.