What Shariah screening methodology does HalalStockGuide use?

We apply all 5 major Shariah screening standards: AAOIFI Standard 21, Dow Jones Islamic Market Index (DJIM), MSCI Islamic, S&P Shariah, and FTSE Shariah. Each standard has different thresholds for debt, cash, receivables, and impermissible income ratios.

Is OGDC (OGDC) Halal?

Q: Is OGDC (OGDC) halal to invest in?

OGDC is Not Halal under AAOIFI Standard 21. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

Q: What is OGDC's debt ratio?

OGDC's debt ratio is 0.0% under the AAOIFI standard, which uses market capitalization as the denominator. The AAOIFI threshold is 30%.

Q: What are OGDC's key financial metrics?

OGDC has a P/E ratio of 3.5. Market cap: $567.2B.

KAR Pakistan $567.2B

✗ NOT HALAL

Confidence: 67/100

OGDC (OGDC) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.0% is acceptable, the cash and interest-bearing securities ratio of 48.7% exceeds the 30% threshold.

Shariah Screening — 5 Standards

Based on financial data from June 2024

Standard	Debt Ratio	Cash Ratio	Receivables	Income	Status
AAOIFI	0.0% / 30%	48.7% / 30%	112.0% / 30%	N/A	✗ NOT HALAL
DJIM	0.0% / 33%	48.7% / 33%	112.0% / 33%	N/A	✗ NOT HALAL
MSCI	0.0% / 33%	17.2% / 33%	39.6% / 33%	N/A	✗ NOT HALAL
S&P	0.0% / 33%	48.7% / 33%	112.0% / 33%	N/A	✗ NOT HALAL
FTSE	0.0% / 33%	17.2% / 33%	39.6% / 50%	N/A	✓ HALAL

Financial Highlights

P/E Ratio

3.5

Forward: 3.2

P/B Ratio

0.4

Cash Flow & Balance Sheet

Operating Cash Flow	$105.2B
Free Cash Flow	$59.7B
Total Assets	$1.6T

Price & Trading

50-Day MA	PKR 295.72
200-Day MA	PKR 267.79

About OGDC (OGDC)

Country

Pakistan

Exchange

KAR

Market Cap

$567.2B

Currency

PKR

Frequently Asked Questions

Is OGDC (OGDC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), OGDC 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 OGDC's debt ratio?

OGDC's debt ratio is 0.0% 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 0.0%.

What are OGDC's key financial metrics?

OGDC has a market capitalization of $567.2B, trailing P/E ratio of 3.5.

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.