Is Oklo Inc. (OKLO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 2.5% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 2.5% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 0.5% / 33% | 80.9% / 33% | 0.6% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 2.5% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 0.5% / 33% | 80.9% / 33% | 0.6% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -12.2% | |
| Return on Assets (ROA) | -9.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$38M |
| Free Cash Flow | -$39M |
| Total Debt | $1M |
| Debt-to-Equity | 0.1 |
| Current Ratio | 49.1 |
| Total Assets | $282M |
Price & Trading
| Last Close | $51.81 |
| 50-Day MA | $68.63 |
| 200-Day MA | $86.11 |
| Avg Volume | 10.4M |
| Beta | 0.8 |
|
52-Week Range
$17.42
| |
About Oklo Inc. (OKLO)
Oklo Inc. develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States. The company's primary offering is the Aurora powerhouse, which is designed to produce between 15 and up to 75 megawatts of electricity. The company is also commercializing nuclear fuel recycling, fuel fabrication technology that can convert used nuclear fuel into usable fuel for its reactors, and the production of radioisotopes. The company was formerly known as AltC Acquisition Corp. and changed its name to Oklo Inc. in May 2024. Oklo Inc. was founded in 2013 and is headquartered in Santa Clara, California.
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Frequently Asked Questions
Is Oklo Inc. (OKLO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Oklo Inc. 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 Oklo Inc.'s debt ratio?
Oklo Inc.'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 0.5%.
What are Oklo Inc.'s key financial metrics?
Oklo Inc. has a market capitalization of $8.7B. Return on equity stands at -12.2%.
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.