Is Orbit Garant Drilling, Inc. OGD stock halal to invest in?

No, as of February 2026, Orbit Garant Drilling, Inc. stock (OGD) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. Orbit Garant Drilling, Inc. has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for Orbit Garant Drilling, Inc. and alternative halal stock options within the Tabadulat app.

How often is Orbit Garant Drilling, Inc. OGD reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Orbit Garant Drilling, Inc. OGD monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Orbit Garant Drilling, Inc. OGD pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Orbit Garant Drilling, Inc. stock (OGD) passes the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources, such as interest, is below the acceptable threshold set by AAOIFI.

Does Orbit Garant Drilling, Inc. OGD pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Orbit Garant Drilling, Inc. stock (OGD) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, Orbit Garant Drilling, Inc. stock (OGD) does not pass the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

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Orbit Garant Drilling, Inc.

TSX

Shariah-Compliant

Not Shariah

OGD

About

Orbit Garant Drilling, Inc.

OGD

Orbit Garant Drilling Inc. is a leading Canadian drilling services company that specializes in mineral exploration. The primary function of the company is to provide specialized drilling services to mining companies, ensuring accurate and reliable extraction of core samples that can help identify potential mineral resources. Its services are crucial for mineral exploration projects, which are often the foundational steps in mining operations. The company operates across various sectors, including precious metals, base metals, and diamonds, catering to a diverse clientele that values precision and efficiency in drilling operations. With a commitment to safety and innovation, Orbit Garant employs advanced drilling technologies and techniques to optimize results and reduce environmental impact. In the financial markets, Orbit Garant Drilling Inc. is recognized for its role in supporting and enabling the exploration activities that precede mining and extraction in the natural resources sector, making it an integral part of the mining industry’s supply chain ecosystem.

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

Employees:

1100

Website:

https://www.orbitgarant.com

OGD

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Orbit Garant Drilling, Inc.

About

Orbit Garant Drilling, Inc.

OGD

Frequently asked questions

Is Orbit Garant Drilling, Inc. OGD stock halal to invest in?

How often is Orbit Garant Drilling, Inc. OGD reviewed for Shariah compliance?

Does Orbit Garant Drilling, Inc. OGD pass the AAOIFI Non Permissible Income criteria?

Does Orbit Garant Drilling, Inc. OGD pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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