Is OFA Group (OFAL) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.3% / 30% | 0.5% / 30% | 0.3% / 30% | 0.48% / 5% | ✓ HALAL |
| DJIM | 8.3% / 33% | 0.5% / 33% | 0.3% / 33% | 0.48% / 5% | ✓ HALAL |
| MSCI | 139.1% / 33% | 8.7% / 33% | 4.3% / 33% | 0.48% / 5% | ✗ NOT HALAL |
| S&P | 8.3% / 33% | 0.5% / 33% | 0.3% / 33% | 0.48% / 5% | ✓ HALAL |
| FTSE | 139.1% / 33% | 8.7% / 33% | 4.3% / 50% | 0.48% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 36.2% | |
| Operating Margin | -541.6% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -64.1% | |
| Return on Assets (ROA) | -28.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$256,215 |
| Free Cash Flow | -$256,215 |
| Total Debt | $511,675 |
| Debt-to-Equity | 4.2 |
| Current Ratio | 0.2 |
| Total Assets | $367,927 |
Price & Trading
| Last Close | $0.42 |
| 50-Day MA | $0.44 |
| 200-Day MA | $1.04 |
| Avg Volume | 157K |
|
52-Week Range
$0.27
| |
About OFA Group (OFAL)
OFA Group, through its subsidiary, provides architectural services for commercial and residential buildings. The company's design services include specific conceptualized design with layout plans; detailed design drawings; advice relating to budgetary consideration; and use of space, materials, fittings, furniture, appliances, and other items to be used to produce a preliminary design plan and quotation for clients' considerations. It also provides fit out services comprising installing protective materials to cover floors or walls; installing or constructing partition walls, windows and window frames, decorative fittings, and furniture or fixtures; and installing plumbing systems, as well as installing switches, power outlets, telephone wiring, computer outlet covers, and other electrical and wiring works. In addition, the company offers project management, consulting, and change order management services; application services, such as approval consulting, document preparation, and regulatory compliance, and representation services; and design only services, including conceptual design and schematic design, detailed design development, and 3D modeling and visualization services. OFA Group was incorporated in 2024 and is headquartered in the Rolling Hills, California.
Purification Calculator
As a halal stock with 0.48% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is OFA Group (OFAL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OFA Group is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is OFA Group's debt ratio?
OFA Group's debt ratio is 8.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 139.1%.
Does OFA Group require dividend purification?
Yes, OFA Group has an impermissible income ratio of 0.48%, which means 0.48% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are OFA Group's key financial metrics?
OFA Group has a market capitalization of $7M, and revenue of $202,007. Return on equity stands at -64.1%.
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.