Is Plastic2Oil Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Plastic2Oil Inc (PTOI) is currently classified as NOT COVERED as of May 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 Plastic2Oil Inc 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 Plastic2Oil Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Plastic2Oil Inc?

Muslim investors may consider investing in Plastic2Oil Inc 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 Plastic2Oil Inc classified as NOT COVERED?

Musaffa determines the Shariah status of Plastic2Oil Inc 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 Plastic2Oil Inc updated?

The Shariah compliance status of Plastic2Oil Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Plastic2Oil Inc 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 Plastic2Oil Inc?

You can check the latest Shariah compliance status of Plastic2Oil Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Plastic2Oil Inc. Stock Analysis PTOI

United States Energy Nano Cap

Plastic2Oil, Inc. engages in the provision of technology to recycle waste plastic into liquid fuels and dirty fuel into clean diesel. The company is headquartered in Niagara Falls, New York. The company went IPO on 2008-01-23. The firm has developed technology that converts waste plastic into ultra-clean, ultra-low Sulphur fuel products through its proprietary plastic-to-oil, or P2O, process. The firm seeks to license its technology to companies that generate significant waste plastics and desire to have a P2O processor on site to convert the plastics to useable fuel for their operations. The company provides environmentally friendly solutions through its processors and technologies. Its primary offering is its P2O solution, which is its proprietary process. The firm has three processors at its Niagara Falls, NY facility (the Niagara Falls Facility). The Company’s subsidiaries include Plastic2Oil of NY #1, LLC, Plastic2Oil (Canada) Inc., JBI RE#1, Inc., and Plastic2Oil RE ONE, Inc. Plastic2Oil of NY #1, LLC operates its P2O business in Niagara Falls, NY. Plastic2Oil (Canada) Inc. conducts its P2O business in Canada.

Key Statistics of Plastic2Oil Inc (PTOI)

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

Today's Range

$0.00$0.00

Today's Open

$0.00

Volume

20.75K

P/E Ratio (TTM)

52 Week Range

$0.00$0.01

Market Cap

24.95K

Avg. Volume

7175.25

Dividend Yield

Financial Metrics & Statements of Plastic2Oil Inc (PTOI)

FAQ's for Plastic2Oil Inc (PTOI)

According to Musaffa’s Shariah screening methodology, Plastic2Oil Inc (PTOI) is currently classified as NOT COVERED as of May 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.