Is Ojai Oil Co halal to invest in?

According to Musaffa's Shariah screening methodology, Ojai Oil Co (OJOC) is currently classified as NOT HALAL as of April 2024. 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 Ojai Oil 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 Ojai Oil Co using these criteria to determine its compliance status.

Can Muslims buy shares of Ojai Oil Co?

Muslim investors may consider investing in Ojai Oil 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 Ojai Oil Co classified as NOT HALAL?

Musaffa determines the Shariah status of Ojai Oil 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 Ojai Oil Co updated?

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

Can a halal stock like Ojai Oil 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 Ojai Oil Co?

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

OJOC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 25, 2024

Report Source: 2023 Annual Report

Ojai Oil Co. Stock Analysis OJOC

United States Real Estate Micro Cap Report: 2023 Annual

Ojai Oil Co. engages in producing crude oil from two small fields in Ventura County. The company is headquartered in Camarillo, California. The company went IPO on 2003-11-12. The firm's key areas of interest are Property Management, Property Investments, Self Storage. The firm was founded in 1900.

Key Statistics of Ojai Oil Co (OJOC)

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

Today's Range

$326.00$326.00

Today's Open

$326.00

Volume

10.00

P/E Ratio (TTM)

52 Week Range

$326.00$340.00

Market Cap

91.25M

Avg. Volume