No. As of October 2026, OPG Power Ventures PLC (OPG.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. OPG Power Ventures PLC does not pass Musaffa's business and financial screening criteria.
OPG Power Ventures Plc engages in the acquisition, management, and development of power generation projects in India. The firm is primarily engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from its plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short-term market. Its flagship 414 MW coal-fired thermal plant is in the industrial state of Tamil Nadu close to the ports of Ennore and Chennai. The plant comprises four units, 77 MW, 77 MW Chennai II, 80 MW Chennai III and 180 MW Chennai IV. The power generation from this plant is sold principally to industrial and commercial customers. Its subsidiaries include Caromia Holdings Limited, Gita Power and Infrastructure Private Limited, OPG Power Generation Private Limited, Powergen Resources Pte Ltd, and Samriddhi Surya Vidyut Private Limited, among others.
OPG Power Ventures PLC OPG.L
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OPG.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, OPG Power Ventures PLC is classified as not halal.
NOT HALAL
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FAQ's for OPG Power Ventures PLC (OPG.L)
As of October 2026, OPG Power Ventures PLC OPG.L is classified as not 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 OPG Power Ventures PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in OPG Power Ventures PLC 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 OPG Power Ventures PLC 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 OPG Power Ventures PLC 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 OPG Power Ventures PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.