Compliance Status
Not Halal
Screened on Sep 26, 2026 · SC Malaysia list
Is Ocean Vantage Holdings Bhd (0220.KL) halal? Not Halal. Ocean Vantage Holdings Bhd is not on the Securities Commission Malaysia's official list of Shariah-compliant securities and is classified Shariah non-compliant.
Quote this verdict
HalalScreener rates Ocean Vantage Holdings Bhd (0220.KL) Not Halal under the Securities Commission Malaysia Shariah list, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/0220.KL
The SC classifies Bursa-listed securities as Shariah-compliant or non-compliant under its two-tier methodology; this security is not on the compliant list.
What this means for you
Most scholars advise not holding 0220.KL
It is not on the Securities Commission Malaysia's official list of Shariah-compliant securities.
See halal alternatives from the same sector further down this page
0220.KL: Is Ocean Vantage Holdings Bhd Halal?
Ocean Vantage Holdings Bhd
RM 0.24
Price as of Oct 14, 2026
Market Cap: 108.3M
Get an email if 0220.KL's halal status changes
We re-screen Ocean Vantage Holdings Bhd daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Ocean Vantage Holdings Bhd
Ocean Vantage Holdings Bhd (0220.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list as at 29 May 2026.
Sector: Energy
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why 0220.KL is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Reclassified Shariah non-compliant by the Securities Commission Malaysia's Shariah Advisory Council (list effective 28 November 2025)
Shariah Status: Official
Not CompliantOcean Vantage Holdings Bhd is not on the Securities Commission Malaysia's official list of Shariah-compliant securities and is classified Shariah non-compliant.
Market Cap
RM 0.11B
Total Debt
RM 0.00B
Cash & Deposits
RM 0.03B
Revenue
RM 0.11B
The SC classifies Bursa-listed securities as Shariah-compliant or non-compliant under its two-tier methodology; this security is not on the compliant list. Financials shown for reference (Yahoo Finance).
HalalScreener AAOIFI Analysis
InformationalOur independent AAOIFI financial-ratio screen (market-cap basis). The halal/haram verdict above is the Securities Commission Malaysia's official ruling: it also weighs business activity and uses a total-assets basis (33% limit), so these ratios can differ from the verdict (e.g. a low-market-cap utility can exceed 30% here yet remain SC-compliant).
How much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Sep 2026
Doubtful
until the change above
Halal
until the change above
Tracked since May 2025. Updates automatically on each re-screen.
Halal Alternatives in Energy
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Energy Stocks
Know the day 0220.KL's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Ocean Vantage Holdings Bhd (0220.KL) halal to invest in?
How does the Securities Commission Malaysia decide Ocean Vantage Holdings Bhd's status?
What could change Ocean Vantage Holdings Bhd's Shariah verdict?
How often is Ocean Vantage Holdings Bhd re-screened for Shariah compliance?
Status from the Securities Commission Malaysia's official list of Shariah-compliant securities · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. For Bursa Malaysia securities, the status shown is the Securities Commission Malaysia's official list, attributed to the SC. It is not our own ruling. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.