Is Oil India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Oil India Ltd (OIL.NS) is currently classified as NOT HALAL as of February 2026. 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 Oil India 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 Oil India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Oil India Ltd?

Muslim investors may consider investing in Oil India 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 Oil India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Oil India 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 Oil India Ltd updated?

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

Can a halal stock like Oil India 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 Oil India Ltd?

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

OIL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 15, 2026

Report Source: 2026 3rd Quarter Report

Oil India Ltd. Stock Analysis OIL.NS

India Energy Mid Cap Report: Q3, 2026

Oil India Ltd. is an investment holding company, which engages in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. Its segments include Crude Oil, Natural Gas, LPG, Pipeline Transportation, and Renewable Energy. Its upstream operations include geosciences, drilling, and production. The midstream operations involve operating and maintaining pipelines to transport hydrocarbons such as crude oil, natural gas, and petroleum products. Its downstream portfolio includes activities in refining and petrochemicals and city gas distribution. The company has an installed renewable energy capacity of approximately 188.1 megawatts (MW), comprising 174.1 MW from wind energy projects and 14.0 MW from solar energy projects. Its subsidiaries include Oil India Sweden AB, Oil India International B.V., Oil India International Pte. Ltd., and Numaligarh Refinery Limited.

Key Statistics of Oil India Ltd (OIL.NS)

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

Today's Range

₹513.70₹525.00

Today's Open

₹524.00

Volume

3.83M

P/E Ratio (TTM)

12.19

52 Week Range

₹384.60₹531.00

Market Cap

773.21B

Avg. Volume

6.99M

Dividend Yield

2.55%

Financial Metrics & Statements of Oil India Ltd (OIL.NS)

FAQ's for Oil India Ltd (OIL.NS)

According to Musaffa’s Shariah screening methodology, Oil India Ltd (OIL.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.