Oil and Natural Gas Corporation Ltd 500312.BO
₹232.55 ₹7.75 (3.23%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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Is Oil and Natural Gas Corporation Ltd Stock Halal?
Shariah Compliance Analysis of 500312.BO Stock
India Energy Large Cap No. As of September 2026, Oil and Natural Gas Corporation Ltd (500312.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Oil and Natural Gas Corporation Ltd does not pass Musaffa's business and financial screening criteria.
Oil & Natural Gas Corp. Ltd. engages in the exploration, development, and production of crude oil, natural gas, and value added products. The company is headquartered in New Delhi, Delhi and currently employs 25,319 full-time employees. The firm is engaged in exploration, development and production of crude oil, natural gas and value-added products in India and acquisition of oil and gas acreages outside India for exploration, development and production, downstream (Refining and marketing of petroleum products), Petrochemicals, Power Generation, liquefied natural gas (LNG) supply, Pipeline Transportation, special economic zone (SEZ) development, Helicopter services, Manufacturing of Ethanol and Sugar, Green and Renewable energy business. Its segments include Exploration and Production, Refining & Marketing, and Petrochemicals. Its geographical segments consist of India, which includes offshore and onshore, and Outside India. Its subsidiaries include ONGC Videsh Limited, ONGC Green Limited, Mangalore Refinery and Petrochemicals Limited, Hindustan Petroleum Corporation Limited, HPCL Biofuels Limited, and among others.
500312.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Oil and Natural Gas Corporation Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Oil and Natural Gas Corporation Ltd (500312.BO) Chart
Financial Metrics & Statements of Oil and Natural Gas Corporation Ltd (500312.BO)
FAQ's for Oil and Natural Gas Corporation Ltd (500312.BO)
- As of September 2026, Oil and Natural Gas Corporation Ltd 500312.BO is classified as not 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 Oil and Natural Gas Corporation Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Oil and Natural Gas Corporation 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.
- Musaffa determines the Shariah status of Oil and Natural Gas Corporation Ltd 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 Oil and Natural Gas Corporation Ltd 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 Oil and Natural Gas Corporation Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Oil and Natural Gas Corporation Ltd (500312.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
