A Wise Virgin is a believer who stakes their faith in the Word Of The Lord and not men's interpretations of it. They have first-hand knowledge of the Truth both in Word and in Spirit.
Too many believers do not have intimate personal relationships with the Lord Jesus Christ.
→ They get the Word second hand.
→ They trust that their minister is giving them what they need.
→ They trust the writers of books to give them Truth.
The oil in the parable of the Ten Virgins represents the Holy Spirit who is the Spirit Of Christ Jesus. The Foolish Virgins who took no oil with them were shallow in their relationship allowing other influences to direct and sustain them.
The following is from Ten Virgins ⇒
To understand this parable we must understand two things:
1. that oil represents the Holy Spirit.
2. that there is no oil in the 5 Foolish Virgins` lamps
Jesus was talking to Jews who were banking on self-righteousness to please God.
Virginity represents purity through self-control.
A Lamp is just a tool for containing oil and providing a wick for the energy in the oil to produce light.
The Scripture says the 5 Foolish Virgins took lamps but no oil .
So, we should not assume there was any oil in there lamps.
The 5 Foolish Virgins represent religious people who do not receive Christ.
Jesus told Nicodemus: "You must be born of the Spirit to see or enter the kingdom of heaven."
When we are Born Again we are born of the Holy Spirit. We enter the kingdom of heaven at that point.
The door was shut in the face of the 5 Foolish Virgins because they rejected Christ and therefore were never born of the Holy Spirit.
So, Jesus was not introducing a new doctrine regarding acceptability to God.
He was restating the requirement that we be Born Again to enter His kingdom.