Compliance Status

Halal

Screened on Oct 8, 2026 · AAOIFI Standard 21

B+

Good

79Score

Is OIO Group (OIO) halal? Halal. Based on AAOIFI screening, OIO Group passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 79/100 (Grade: B+).

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HalalScreener rates OIO Group (OIO) Halal, 79/100, grade B+ under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/OIO

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

23.0% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own OIO

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened OIO's prohibited income, but the exact share you would need to purify is part of Pro.

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OIO Group

OIO: Is OIO Group Halal?

OIO Group

NASDAQIndustrialsSG

$1.70

Market Cap: 23.7M

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About OIO Group

OIO Group, operating through its subsidiary Environmental Solutions (Asia) Pte. Ltd., specializes in comprehensive services for waste management, treatment, and recycling. The company is actively involved in the collection and subsequent processing of both hazardous and non-hazardous industrial waste streams, serving a diverse clientele from sectors such as pharmaceuticals, semiconductors, petrochemicals, and electroplating. Established in 1999, the firm, which was previously known as ESGL Holdings Limited, adopted its current name, OIO Group, in March 2026 and maintains its headquarters in Singapore.

Sector: Industrials · Industry: Waste Management

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 8, 2026

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Screened according to AAOIFI Standard 21

Compliance History

  1. Halalnow

    since Sep 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is OIO Group (OIO) halal to invest in?
Based on AAOIFI Standard 21 screening, OIO Group (OIO) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did OIO Group get a B+ compliance rating?
OIO Group (OIO) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change OIO Group's Shariah verdict?
OIO Group's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is OIO Group re-screened for Shariah compliance?
OIO Group (OIO) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Oct 8, 2026.

Screened according to AAOIFI Standard No. 21 · 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. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. 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.