AI OKTO CORP. (AIOK) - Halal (Shariah-Compliant)
AI OKTO CORP. (AIOK) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Result
- Pass
- Reason
- The sector "Energy" and industry "Oil & Gas Refining & Marketing" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 3.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.32%.Based on the company's financial statements, approximately 3.32% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (3.32% of total income). Some scholars may differ on the exact calculation method.
About AI OKTO CORP.
AI OKTO CORP. focuses on the transportation of liquefied petroleum gases through its LPG vessels. The company was incorporated in 2025 and is based in Limassol, Cyprus. AI OKTO CORP. is a prior subsidiary of Toro Corp.
Frequently Asked Questions
Is AI OKTO CORP. (AIOK) stock halal to invest in?
According to AAOIFI Shariah screening standards, AI OKTO CORP. (AIOK) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does AI OKTO CORP. have any interest income?
Identified interest income is 3.3% of AI OKTO CORP.'s total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if AIOK stock is Shariah-compliant?
AIOK is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.


