Is Olympic Oil Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Olympic Oil Industries Ltd (507609.BO) is currently classified as NOT HALAL as of August 2025. 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 Olympic Oil Industries Ltd 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 Olympic Oil Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Olympic Oil Industries Ltd?

Muslim investors may consider investing in Olympic Oil Industries 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.

Why is Olympic Oil Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Olympic Oil Industries Ltd 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 Olympic Oil Industries Ltd updated?

The Shariah compliance status of Olympic Oil Industries Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Olympic Oil Industries Ltd 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 Olympic Oil Industries Ltd?

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

Olympic Oil Industries Ltd 507609.BO

₹20.63

Last Updated: May 15, 12:00 AM·BSE

507609.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 28, 2025

Report Source: 2026 1st Quarter Report

Olympic Oil Industries Ltd. Stock Analysis 507609.BO

India Consumer Discretionary Nano Cap Report: Q1, 2026

Olympic Oil Industries Ltd. engages in the general trading of commodities. The company is headquartered in Mumbai, Maharashtra and currently employs 2 full-time employees. The company has no operation nor generated any revenue.

Key Statistics of Olympic Oil Industries Ltd (507609.BO)

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

Today's Range

₹20.63₹20.63

Today's Open

₹20.63

Volume

11.00

P/E Ratio (TTM)

52 Week Range

₹20.52₹50.25

Market Cap

62.48M

Avg. Volume

14.80

Dividend Yield

Financial Metrics & Statements of Olympic Oil Industries Ltd (507609.BO)

FAQ's for Olympic Oil Industries Ltd (507609.BO)

According to Musaffa’s Shariah screening methodology, Olympic Oil Industries Ltd (507609.BO) is currently classified as NOT HALAL as of August 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.