Union Jack Oil PLC UJO.L
GBX2.80
Last Updated: Oct 06, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
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Is Union Jack Oil PLC Stock Halal?
Shariah Compliance Analysis of UJO.L Stock
United Kingdom Energy Nano Cap Yes. As of October 2026, Union Jack Oil PLC (UJO.L) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Union Jack Oil PLC passes Musaffa's business and financial screening criteria.
Union Jack Oil Plc engages in the drilling, development, and investment on the onshore hydrocarbon sector. The firm has interests in 13 licenses in its axis areas of the East Midlands, Humber Basin and East Yorkshire. The company holds several project interests, namely, Wressle, West Newton, Biscathorpe, Keddington, North Kelsey and others. The company holds a 16.665% interest in PEDL183, located within the Western sector of the Southern Zechstein Basin, which is on trend with the prolific Hewett gasfield complex. The company holds a 40% interest in PEDL180 and PEDL182 located in Lincolnshire, on the Western margin of the Humber Basin and is on trend with the producing Crosby Warren oil field and the Brigg-1 oil discovery, situated to the immediate northwest and southeast of the license respectively. The company is producing approximately 25 bopd of oil per day from Carboniferous age sandstone reservoirs, is located along the East Barkwith Ridge.
UJO.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Union Jack Oil PLC is classified as halal.
HALALUnion Jack Oil PLC (UJO.L) Chart
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Financial Metrics & Statements of Union Jack Oil PLC (UJO.L)
FAQ's for Union Jack Oil PLC (UJO.L)
- As of October 2026, Union Jack Oil PLC UJO.L is classified as 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 Union Jack Oil PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Union Jack Oil 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 Union Jack Oil 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 Union Jack Oil 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 Union Jack Oil PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Union Jack Oil PLC (UJO.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
