Is Cardinal Energy Ltd (Alberta) halal to invest in?

As of July 2026, Cardinal Energy Ltd (Alberta) CJ.TO 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.

Is Cardinal Energy Ltd (Alberta) 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 Cardinal Energy Ltd (Alberta) using these criteria to determine its compliance status.

Can Muslims buy shares of Cardinal Energy Ltd (Alberta)?

Muslim investors may consider investing in Cardinal Energy Ltd (Alberta) 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 Cardinal Energy Ltd (Alberta) classified as HALAL?

Musaffa determines the Shariah status of Cardinal Energy Ltd (Alberta) 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 Cardinal Energy Ltd (Alberta) updated?

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

Can a halal stock like Cardinal Energy Ltd (Alberta) 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 Cardinal Energy Ltd (Alberta)?

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

Cardinal Energy Ltd (Alberta) CJ.TO

Last Updated: Jul 21, 12:00 AM·TSX

CJ.TO Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Cardinal Energy Ltd (Alberta) is classified as halal.

HALAL

Report Source: 2026 1st Quarter Report

Cardinal Energy Ltd (Alberta). Stock Analysis CJ.TO

Canada Energy Small Cap Report: Q1, 2026

Cardinal Energy Ltd. engages in the acquisition, exploration, and production of oil and natural gas. The company is headquartered in Calgary, Alberta. The company went IPO on 2013-12-17. The firm is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South area, Central area, and North area. Its Midale operating area is located near Weyburn, Saskatchewan and has over 730 million barrels of original oil in place (OOIP) and its low decline production of 3,300 barrels of oil equivalent per day boe/d (net) is supported by both waterflood and CO2 enhanced oil recovery (EOR). Its South District operating area is located southeast of Calgary near the town of Brooks, Alberta and produces medium-gravity crude, as well as liquids-rich natural gas. Its Central District area is located in East Central Alberta, and is focused on producing oil from multiple, large OOIP pools.

Key Statistics of Cardinal Energy Ltd (Alberta) (CJ.TO)

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

Today's Range

CAD10.85CAD11.12

Today's Open

CAD10.91

Volume

1.09M

P/E Ratio (TTM)

91.09

52 Week Range

CAD6.95CAD13.38

Market Cap

1.87B

Avg. Volume

980.74K

Dividend Yield

6.20%

Financial Metrics & Statements of Cardinal Energy Ltd (Alberta) (CJ.TO)

Super Investors Invested in Cardinal Energy Ltd (Alberta) (CJ.TO)

FAQ's for Cardinal Energy Ltd (Alberta) (CJ.TO)

As of July 2026, Cardinal Energy Ltd (Alberta) CJ.TO 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 Cardinal Energy Ltd (Alberta) using these criteria to determine its compliance status.
Muslim investors may consider investing in Cardinal Energy Ltd (Alberta) 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 Cardinal Energy Ltd (Alberta) 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 Cardinal Energy Ltd (Alberta) 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 Cardinal Energy Ltd (Alberta) on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.