Is OLENOX INDUSTRIES INC. (OLOX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 90.6% / 30% | 4.9% / 30% | 1.4% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 90.6% / 33% | 4.9% / 33% | 1.4% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 113.4% / 33% | 6.2% / 33% | 1.8% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 90.6% / 33% | 4.9% / 33% | 1.4% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 113.4% / 33% | 6.2% / 33% | 1.8% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -63.4% | |
| Operating Margin | -238.6% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -228.4% | |
| Return on Assets (ROA) | -21.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$11M |
| Free Cash Flow | -$11M |
| Total Debt | $7M |
| Debt-to-Equity | 48.9 |
| Current Ratio | 0.2 |
| Total Assets | $6M |
Price & Trading
| Last Close | $1.05 |
| 50-Day MA | $1.15 |
| 200-Day MA | $11.31 |
| Avg Volume | 1.5M |
| Beta | 2.0 |
|
52-Week Range
$0.79
| |
About OLENOX INDUSTRIES INC. (OLOX)
Olenox Industries Inc. provides prefabricated modular structures using wood or steel as the base material for residential and commercial use in the United States. The company operates through three segments: Construction; Medical; and Development and Environmental. It provides fabricated and finished buildings, including floors, windows, doors, interior painting, electrical wiring and fixtures, plumbing outlets and bathrooms, roofing systems, as well as construction administration and/or project management services. The company also offers turnkey solutions to medical testing and treatment businesses; builds green single or multifamily projects; and offers medical and waste management solution that has a patented technology to collect waste and treat waste for safe disposal. It serves governments, hotels, offices, the medical community, contractors, home builders, building owners, and other resellers. The company was formerly known as Safe & Green Holdings Corp. and changed its name to Olenox Industries Inc. in January 2026. Olenox Industries Inc. was founded in 2007 and is headquartered in Miami, Florida.
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Frequently Asked Questions
Is OLENOX INDUSTRIES INC. (OLOX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OLENOX INDUSTRIES INC. 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 OLENOX INDUSTRIES INC.'s debt ratio?
OLENOX INDUSTRIES INC.'s debt ratio is 90.6% 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 113.4%.
What are OLENOX INDUSTRIES INC.'s key financial metrics?
OLENOX INDUSTRIES INC. has a market capitalization of $10M, and revenue of $5M. Return on equity stands at -228.4%.
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.