Is Oakajee Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Oakajee Corporation Ltd (OKJ.AX) is currently classified as NOT HALAL as of August 2025. 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 Oakajee Corporation 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 Oakajee Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Oakajee Corporation Ltd?

Muslim investors may consider investing in Oakajee Corporation 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 Oakajee Corporation Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Oakajee Corporation 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 Oakajee Corporation Ltd updated?

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

Can a halal stock like Oakajee Corporation 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 Oakajee Corporation Ltd?

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

OKJ.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 03, 2025

Report Source: 2025 2nd Quarter Report

Oakajee Corporation Ltd. Stock Analysis OKJ.AX

Australia Materials Nano Cap Report: Q2, 2025

Oakajee Corp. Ltd. engages in investment activities. The company is headquartered in Nedlands, Western Australia. The company went IPO on 2008-06-11. The firm is focused on exploring its Paynes Find Gold project in Western Australia. The Paynes Find Gold project covers approximately 112 square kilometers (km2) of ground within the Paynes Find Greenstone Belt in Western Australia, which is located adjacent to the Paynes Find settlement, approximately 455 kilometers (km) by road northeast of Perth. The firm holds the tenements interest in the non-lithium mineral rights in respect of E59/2055 and E59/2092. The company also has approximately 80% interest in E59/2312 and M59/549.

Key Statistics of Oakajee Corporation Ltd (OKJ.AX)

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

Today's Range

AUD0.07AUD0.07

Today's Open

AUD0.07

Volume

100.00K

P/E Ratio (TTM)

52 Week Range

AUD0.01AUD0.09

Market Cap

6.22M

Avg. Volume

330.32K

Dividend Yield

Financial Metrics & Statements of Oakajee Corporation Ltd (OKJ.AX)

FAQ's for Oakajee Corporation Ltd (OKJ.AX)

According to Musaffa’s Shariah screening methodology, Oakajee Corporation Ltd (OKJ.AX) is currently classified as NOT HALAL as of August 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.