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Mesa Royalty Trust

NYSE
Shariah-Compliant
Not Shariah
MTR

About

Mesa Royalty Trust

MTR

Mesa Royalty Trust is a trust established to hold royalties from oil and gas production. It is primarily involved in the management and distribution of income derived from overriding royalty interests in a variety of producing properties located in the United States. The trust's main purpose is to collect revenue from these interests and distribute the net proceeds to its unit holders. Its royal interest spans across significant production regions such as the San Juan Basin in New Mexico and Colorado and the Hugoton field in Kansas, making it an integral part of the energy sector. Mesa Royalty Trust stands out in the market as a vehicle that provides investors with direct exposure to revenues generated from oil and gas assets, thereby playing a critical role in diversifying investment portfolios with an emphasis on natural resource income streams. Established in 1979, the trust functions as a passive entity, meaning it does not actively manage the properties or engage in the drilling process, focusing solely on income distribution from existing wells.

MTR
MTR

Frequently asked questions

Is Mesa Royalty Trust MTR stock halal to invest in?

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How often is Mesa Royalty Trust MTR reviewed for Shariah compliance?

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Does Mesa Royalty Trust MTR pass the AAOIFI Non Permissible Income criteria?

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Does Mesa Royalty Trust MTR pass the AAOIFI Interest Bearing Investments criteria?

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Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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How do I buy Mesa Royalty Trust MTR stock?

If Mesa Royalty Trust is considered to be Shariah compliant, you can purchase this on Tabadulat by creating an account, completing identity verification, searching for Mesa Royalty Trust in the app, reviewing its Shariah compliance status, and placing your trade directly through the platform.

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