Oil palm fiber is an important lignocellulosic raw material for the preparation of cost-effective and environment-friendly composite materials. The morphology and properties of these fibers have been analyzed. The properties of two important types of fibers, the oil palm empty fruit bunch fiber and the oil palm mesocarp fiber (fruit fiber) have been described. The surface topology of the fibers has been studied by scanning electron microscopy. Thermogravimetry and differential thermal analysis were used to determine the thermal stability of the fibers. Fiber surface modifications by alkali treatment, acetylation, and silane treatment were tried. The modified surfaces were characterized by infrared spectroscopy and scanning electron microscopy. The chemical constituents of the fibers were estimated according to ASTM standards. Mechanical performance of the fibers was also investigated. Microfibrillar angle of the fibers was theoretically predicted. The theoretical strength of the fibers was also calculated and compared with the experimental results.