Is Oxley Bridge Acquisition Ltd (OBA) Halal?

NASDAQ Financial Services Canada $320M
✗ NOT HALAL
Confidence: 95/100
Oxley Bridge Acquisition Ltd (OBA) is Not Halal under AAOIFI Standard 21 due to its classification in the Shell Companies industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Shell Companies ✗ NOT HALAL
DJIM Excluded — Shell Companies ✗ NOT HALAL
MSCI Excluded — Shell Companies ✗ NOT HALAL
S&P Excluded — Shell Companies ✗ NOT HALAL
FTSE Excluded — Shell Companies ✗ NOT HALAL

Financial Highlights

P/B Ratio
-29.3

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Total Debt$66,426
Total Assets$94,710

Price & Trading

Last Close$10.13
50-Day MA$10.12
200-Day MA$10.04
Avg Volume14K
52-Week Range
$9.93
$10.17

About Oxley Bridge Acquisition Ltd (OBA)

CEO
Mr. Hou Pu Lin
Sector
Financial Services
Industry
Shell Companies
Country
Canada
Exchange
NASDAQ
Market Cap
$320M
Currency
USD

Oxley Bridge Acquisition Limited focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in consumer and technology sectors. The company was incorporated in 2024 and is based in Vancouver, Canada.

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Frequently Asked Questions

Is Oxley Bridge Acquisition Ltd (OBA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Oxley Bridge Acquisition Ltd is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Oxley Bridge Acquisition Ltd's debt ratio?

Oxley Bridge Acquisition Ltd's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Oxley Bridge Acquisition Ltd's key financial metrics?

Oxley Bridge Acquisition Ltd has a market capitalization of $320M.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.