Is UK Oil & Gas PLC halal to invest in?

According to Musaffa's Shariah screening methodology, UK Oil & Gas PLC (UKOG.L) is currently classified as NOT HALAL as of October 2025. 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 UK Oil & Gas PLC 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 UK Oil & Gas PLC using these criteria to determine its compliance status.

Can Muslims buy shares of UK Oil & Gas PLC?

Muslim investors may consider investing in UK Oil & Gas 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.

Why is UK Oil & Gas PLC classified as NOT HALAL?

Musaffa determines the Shariah status of UK Oil & Gas PLC 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 UK Oil & Gas PLC updated?

The Shariah compliance status of UK Oil & Gas PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like UK Oil & Gas PLC 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 UK Oil & Gas PLC?

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

UK Oil & Gas PLC UKOG.L

GBX0.01

Last Updated: May 15, 12:00 AM·LSE

UKOG.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 02, 2025

Report Source: 2025 2nd Quarter Report

UK Oil & Gas PLC. Stock Analysis UKOG.L

United Kingdom Energy Nano Cap Report: Q2, 2025

UK Oil & Gas Plc is an investment holding company, which engages in the exploration and production of oil. The firm is engaged in delivering salt cavern hydrogen storage projects in South Dorset and East Yorkshire. Its sites are strategically placed within the United Kingdom’s two forecast hydrogen demand clusters: the South (including South Wales) and the East Coast/Teesside. The Company’s subsidiary, UK Energy Storage (UKEn), is engaged in working on the underground hydrogen storage project in South Dorset. This project boasts a maximum annual capacity of approximately 30 terawatt-hours (TWh). The firm is also exploring green hydrogen generation add-ons to its storage projects, leveraging coastal locations for electrolysis and proximity to new windfarm power landfalls.

Key Statistics of UK Oil & Gas PLC (UKOG.L)

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

Today's Range

GBX0.01GBX0.01

Today's Open

GBX0.01

Volume

248.41K

P/E Ratio (TTM)

52 Week Range

GBX0.01GBX0.05

Market Cap

375.60M

Avg. Volume

161.99M

Dividend Yield

Financial Metrics & Statements of UK Oil & Gas PLC (UKOG.L)

FAQ's for UK Oil & Gas PLC (UKOG.L)

According to Musaffa’s Shariah screening methodology, UK Oil & Gas PLC (UKOG.L) is currently classified as NOT HALAL as of October 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.