As of August 2026, Chariot Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Chariot Ltd. Stock Analysis OIGLF
United States Energy Micro Cap
Chariot Ltd. engages in the appraisal and development of gas assets, renewable energy to power mining projects, and green hydrogen projects. The Company’s segments include Transitional Gas, Transitional Power, Green Hydrogen and Corporate costs. Transitional Gas is focused on high value gas development projects in Morocco. Transitional Power is focused on providing sustainable and reliable energy solutions across the continent through building, generating, and trading renewable power. Its Green Hydrogen is partnering with Total Eren and the Government of Mauritania on the potential development of a 10 gigawatt (GW) green hydrogen project, namely Project Nour, which covers two onshore areas totaling approximately 5,000 square kilometers (km2) across northern Mauritania. The firm's subsidiaries include Chariot Oil & Gas Investments (Namibia) Limited, Chariot Oil & Gas Investments (Morocco) Limited, Chariot Oil and Gas Statistics Limited, Enigma Oil & Gas Exploration (Proprietary) Limited, among others.
Chariot Ltd (OIGLF) Chart
Financial Metrics & Statements of Chariot Ltd (OIGLF)
FAQ's for Chariot Ltd (OIGLF)
As of August 2026, Chariot Ltd OIGLF 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 Chariot Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Chariot 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 Chariot 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 Chariot 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 Chariot 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 Chariot Ltd (OIGLF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.