Is Oil and Natural Gas Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Oil and Natural Gas Corporation Ltd (ONGC.NS) is currently classified as NOT HALAL as of March 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 and Natural Gas 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 Oil and Natural Gas Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Oil and Natural Gas Corporation Ltd?

Muslim investors may consider investing in Oil and Natural Gas 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 Oil and Natural Gas Corporation Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Oil and Natural Gas 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 Oil and Natural Gas Corporation Ltd updated?

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

Can a halal stock like Oil and Natural Gas 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 Oil and Natural Gas Corporation Ltd?

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

ONGC.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 04, 2026

Report Source: 2026 3rd Quarter Report

Oil and Natural Gas Corporation Ltd. Stock Analysis ONGC.NS

India Energy Large Cap Report: Q3, 2026

Oil & Natural Gas Corp. Ltd. engages in the exploration, development, and production of crude oil, natural gas, and value added products. The company is headquartered in New Delhi, Delhi and currently employs 25,319 full-time employees. The firm is engaged in exploration, development and production of crude oil, natural gas and value-added products in India and acquisition of oil and gas acreages outside India for exploration, development and production, downstream (Refining and marketing of petroleum products), Petrochemicals, Power Generation, liquefied natural gas (LNG) supply, Pipeline Transportation, special economic zone (SEZ) development, Helicopter services, Manufacturing of Ethanol and Sugar, Green and Renewable energy business. Its segments include Exploration and Production, Refining & Marketing, and Petrochemicals. Its geographical segments consist of India, which includes offshore and onshore, and Outside India. Its subsidiaries include ONGC Videsh Limited, ONGC Green Limited, Mangalore Refinery and Petrochemicals Limited, Hindustan Petroleum Corporation Limited, HPCL Biofuels Limited, and among others.

Key Statistics of Oil and Natural Gas Corporation Ltd (ONGC.NS)

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

Today's Range

₹287.00₹295.90

Today's Open

₹298.40

Volume

15.47M

P/E Ratio (TTM)

10.40

52 Week Range

₹228.45₹307.50

Market Cap

3.38T

Avg. Volume

18.72M

Dividend Yield

4.11%

Financial Metrics & Statements of Oil and Natural Gas Corporation Ltd (ONGC.NS)

FAQ's for Oil and Natural Gas Corporation Ltd (ONGC.NS)

According to Musaffa’s Shariah screening methodology, Oil and Natural Gas Corporation Ltd (ONGC.NS) is currently classified as NOT HALAL as of March 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.