Is Blue Dolphin Energy Co halal to invest in?

According to Musaffa's Shariah screening methodology, Blue Dolphin Energy Co (BDCO) is currently classified as NOT HALAL as of January 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 Blue Dolphin Energy Co 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 Blue Dolphin Energy Co using these criteria to determine its compliance status.

Can Muslims buy shares of Blue Dolphin Energy Co?

Muslim investors may consider investing in Blue Dolphin Energy Co 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 Blue Dolphin Energy Co classified as NOT HALAL?

Musaffa determines the Shariah status of Blue Dolphin Energy Co 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 Blue Dolphin Energy Co updated?

The Shariah compliance status of Blue Dolphin Energy Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Blue Dolphin Energy Co 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 Blue Dolphin Energy Co?

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

BDCO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 16, 2025

Report Source: 2024 3rd Quarter Report

Blue Dolphin Energy Co. Stock Analysis BDCO

United States Energy Micro Cap Report: Q3, 2024

Blue Dolphin Energy Co. is an independent downstream energy company, which engages in refining and marketing petroleum products in the Gulf Coast region of the United States. The company is headquartered in Houston, Texas. The firm's operations primarily consist of a light sweet-crude, approximately 15,000 barrels per day (bpd) crude distillation tower, and approximately 1.25 million barrels (bbls) of petroleum storage tank capacity in Nixon, Texas. The Company’s segments include refinery operations segment and tolling and terminaling services segment. Its refinery operations business segment consists of a light sweet-crude, 15,000-bpd crude distillation tower, petroleum storage tanks, loading and unloading facilities, and approximately 56 acres of land. Its tolling and terminaling services segment include petroleum storage tanks and loading and unloading facilities. Its subsidiaries include Blue Dolphin Petroleum Company, Blue Dolphin Pipe Line Company, and Blue Dolphin Exploration Company.

Key Statistics of Blue Dolphin Energy Co (BDCO)

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

Today's Range

$3.66$3.81

Today's Open

$3.77

Volume

941.00

P/E Ratio (TTM)

52 Week Range

$1.01$3.99

Market Cap

56.70M

Avg. Volume

18.87K

Dividend Yield

Financial Metrics & Statements of Blue Dolphin Energy Co (BDCO)

FAQ's for Blue Dolphin Energy Co (BDCO)

According to Musaffa’s Shariah screening methodology, Blue Dolphin Energy Co (BDCO) is currently classified as NOT HALAL as of January 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.