Is Origin Investment Corp I (ORIQU) Halal?

NASDAQ Financial Services Singapore $145M
✗ NOT HALAL
Confidence: 95/100
Origin Investment Corp I (ORIQU) 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
68.0
Current Ratio
1.1

Profitability

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

Cash Flow & Balance Sheet

Total Debt$169,877
Current Ratio1.1
Total Assets$269,945

Price & Trading

Last Close$10.20
50-Day MA$10.26
200-Day MA$10.22
Avg Volume100
52-Week Range
$9.98
$10.69

About Origin Investment Corp I (ORIQU)

CEO
Mr. Yung-Hsi Chang
Sector
Financial Services
Industry
Shell Companies
Country
Singapore
Exchange
NASDAQ
Market Cap
$145M
Currency
USD

Origin Investment Corp I does not have significant operations. It intends to affect a merger, amalgamation, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial services, technology, biotechnology and pharmaceutical, advanced materials, and clean energy sectors. The company was incorporated in 2024 and is based in Singapore.

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Frequently Asked Questions

Is Origin Investment Corp I (ORIQU) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Origin Investment Corp I 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 Origin Investment Corp I's debt ratio?

Origin Investment Corp I's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Origin Investment Corp I's key financial metrics?

Origin Investment Corp I has a market capitalization of $145M.

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.