Ocean Sun AS is engaged in the development of a floating power system with solar panels mounted on a thin hydro elastic membrane, which offers a unique solution to energy needs. The company is headquartered in Fornebu, Akershus. The company went IPO on 2020-10-26. The firm delivers a technology based on photovoltaic panels mounted on a hydro-elastic membrane that minimizes the use of materials and enables direct cooling of the PV cells, increasing production efficiency. The firm is offering its customers this technology, detailed design and solutions in addition to approved vendors, both key material and the installation companies. The firm does not manufacture the components but offer license agreements, whereby developers and in dependent power producers are granted rights to deploy the technology for their projects around the world.
Ocean Sun AS OW7.BE
€0.14 €0.01 (4.04%) 1D
Last Updated: Dec 17, 12:00 AM·BE
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FAQ's for Ocean Sun AS (OW7.BE)
As of September 2026, Ocean Sun AS OW7.BE is classified as not covered 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 Ocean Sun AS using these criteria to determine its compliance status.
Muslim investors may consider investing in Ocean Sun AS 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 Ocean Sun AS 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 Ocean Sun AS 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 Ocean Sun AS 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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