Is OKLO (Oklo Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, OKLO is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (0.01% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (2.20% vs ≤33% threshold).

Oklo Inc. is an advanced nuclear technology company focused on designing and deploying fast fission power plants, known as 'powerhouses,' to deliver reliable, emission-free energy on a commercial scale. Based in Santa Clara, California, the company differentiates itself by not only generating power but also offering services for recycling used nuclear fuel, addressing one of the industry's key sustainability challenges. Their approach aims to provide decentralized energy solutions suitable for industrial sites, data centers, and remote communities. For Muslim investors using HalalStocks.co .uk, Oklo stands out as a fully compliant investment opportunity, having passed all AAOIFI screening standards. The company's business activities in the regulated electric sector are permissible, avoiding prohibited industries like gambling or alcohol. Practically, this means you can invest in OKLO without the need for purification, as its revenue is derived entirely from halal sources. Financially, Oklo is particularly attractive from an Islamic perspective due to its pristine balance sheet. The company currently reports a 0.0% Debt-to-Market Cap ratio and 0.00% interest income relative to revenue, meaning it avoids the complications of riba (usury) that often plague utility companies. With cash and securities making up only 2 .2% of its market cap, it sits comfortably below the 33% liquidity threshold, signaling that the company is asset -focused rather than cash-hoarding. While the current snapshot is ideal, investors should monitor Oklo as it moves from development to commercial operation. As the company scales and potentially seeks financing for construction, its debt levels could change , necessitating regular re-screening to ensure it remains within the allowable 33% debt threshold. Oklo Inc. operates in the Utilities sector under the Regulated Electric industry and is headquartered in Santa Clara, CA, US. The company is led by CEO Jacob Dewitte and employs approximately 120 people.

OKLO was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. OKLO passed 4 of these 4 screens.

Although OKLO passes all shariah screens, it does earn $7.7M in interest income (0.00% of revenue). Many scholars recommend purifying this portion by donating the equivalent percentage of any dividends received to charity. For example, if you receive $100 in dividends, you would donate approximately $0.00 to purify the income.

OKLO was last screened on 2026-02-25. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.