North West Oil Group, Inc. is engaged in exploration and development of oil and gas fields, oil and gas production and distribution, production and distribution of oil products and petrochemicals. The company is headquartered in Miami Beach, Florida. The company went IPO on 2000-08-15. The firm offers its services on the oil markets of Moscow, St. Petersburg and other industrial centers of Russia’s European region. The Company’s activity lies in the sphere of oil and gas distribution, production and distribution of oil products and petrochemicals and construction of oil refineries. The Company’s oil-producing assets are located in Saratov region. Its activities are centered around its two principal subsidiaries, North-West Oil Group-Saratov LLC (NWOG-Saratov LLC) and Neftegazenergo LLC. NWOG-Saratov LLC has four licenses for oil production at Goryuchkinskoye, Stepnovskoye, Severo-Vasnetsovskoye and Kalininskoye fields. Neftegazenergo LLC holds a license for oil production at Shalinskiy license area (Saratov region).
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As of August 2026, North West Oil Group Inc NWOL is classified as not covered 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 North West Oil Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in North West Oil Group Inc 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 North West Oil Group Inc 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 North West Oil Group Inc 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 North West Oil Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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