As of August 2026, Oil Refineries Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Oil Refineries Ltd. Stock Analysis OILRF
United States Energy Mid Cap
Oil Refineries Ltd. engages in the production of oil fuels. The company is headquartered in Haifa, Haifa and currently employs 1,371 full-time employees. The company went IPO on 2007-02-13. The firm is engaged in three areas of operation: Refining, Petrochemicals and Trade segment. The firm mainly deals in the production of crude oil products, polymers used as raw materials in the plastics industry, aromatic materials for the chemical and petrochemical Industries and basic oils and waxes used as raw materials in the production of other products. The products primarily go to local consumption, while the outstanding balance is exported to the Mediterranean basin. Oil Refineries Ltd is active in the polymers and aromatics fields, through its holdings, Carmel Olefins Ltd. and wholly owned subsidiary, Gadiv Petrochemical Industries Ltd.
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FAQ's for Oil Refineries Ltd (OILRF)
As of August 2026, Oil Refineries Ltd OILRF is classified as 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 Oil Refineries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Oil Refineries 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 Oil Refineries 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 Oil Refineries 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 Oil Refineries Ltd 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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