Is OneConstruction Group Limited (ONEG) Stock Halal or Haram?
OneConstruction Group Limited (ONEG) - Not Halal (Non-Compliant)
OneConstruction Group Limited (ONEG) is classified as Not Halal (Non-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
Industrials
Industry
Engineering & Construction
Result
Pass
Reason
The sector "Industrials" and industry "Engineering & Construction" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 70.4% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 5.1% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.Based on the company's financial statements, approximately 0.00% 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 (0.00% of total income). Some scholars may differ on the exact calculation method.
About OneConstruction Group Limited
OneConstruction Group Limited, together with its subsidiaries, provides structural steelwork for construction projects in Hong Kong. The company is involved in the installation and formation of steel structures; and provides workforce services. It serves public and private sector projects, including infrastructure, and public facilities and residential developments, as well as private commercial, residential, and industrial developments. The company was founded in 2021 and is headquartered in Kowloon, Hong Kong. OneConstruction Group Limited operates as a subsidiary of Rich Plenty Limited.
Frequently Asked Questions
Is OneConstruction Group Limited (ONEG) stock halal to invest in?
According to AAOIFI Shariah screening standards, OneConstruction Group Limited (ONEG) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does OneConstruction Group Limited have any interest income?
Based on the company's financial statements, approximately 0.00% 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 (0.00% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About OneConstruction Group Limited
OneConstruction Group Limited, together with its subsidiaries, provides structural steelwork for construction projects in Hong Kong. The company is involved in the installation and formation of steel structures; and provides workforce services. It serves public and private sector projects, including infrastructure, and public facilities and residential developments, as well as private commercial, residential, and industrial developments. The company was founded in 2021 and is headquartered in Kowloon, Hong Kong. OneConstruction Group Limited operates as a subsidiary of Rich Plenty Limited.
Hong KongNASDAQIndustrials
Screened using AAOIFI Standard No. 21 on October 30, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Oct 30, 2026. We started recording changes on Oct 30, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, OneConstruction Group Limited (ONEG) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Identified interest income is 0.0% of OneConstruction Group Limited's total income. AAOIFI standards require non-permissible income to be below 5%.
ONEG 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.
OneConstruction Group Limited's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
Watch ONEG free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Approximately 0.00% of dividend income from OneConstruction Group Limited comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Identified interest income is 0.0% of OneConstruction Group Limited's total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if ONEG stock is Shariah-compliant?
ONEG 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.
How often is OneConstruction Group Limited stock reviewed for Shariah compliance?
OneConstruction Group Limited's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on OneConstruction Group Limited's compliance status?
Watch ONEG free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Are dividends from OneConstruction Group Limited stock considered halal?
Approximately 0.00% of dividend income from OneConstruction Group Limited comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Do I need to pay Zakat on my OneConstruction Group Limited shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
