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CEI – Camber Energy Inc

Not Compliant

Camber Energy Inc is not Shariah Compliant because it fails the financial ratios.

Camber Energy, Inc. is a diversified energy company. The Company owns minority, non-operated working interests in certain oil and gas wells in Texas, and through its investment in Viking Energy Group, Inc. (Viking), which provides custom energy and power solutions to commercial and industrial clients in North America and owns interests in oil and natural gas assets in the United States. Viking also holds a license in Canada to a carbon-capture system and has a majority interest in an entity with intellectual property rights to a fully developed, proprietary medical and bio-hazard waste treatment system using ozone technology; and entities with the intellectual property rights to fully developed, proprietary electric transmission and distribution open conductor detection systems. The Company is also exploring other renewable energy-related opportunities and/or technologies. The Company has leasehold interests in properties producing from the Cline and Wolfberry formations.

AAOIFI ✗

Debt ÷ Market cap (MC)157.02
Non-Compliant Assets ÷ MC