Is COP halal?
ConocoPhillips
Halal
ConocoPhillips passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
146.51
Day
+3.37%
Market cap
$169.65B
Industry
Oil & Gas E&P
Sector
Energy
What the company does
ConocoPhillips is the world's largest independent (no refining) oil and gas producer: Permian, Alaska, Canada, Qatar LNG and Norway. Its money comes from selling crude oil and natural gas.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $23.29B ÷ 36-month average market cap $128.80B = 18.1%
18.1%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $8.85B ÷ 36-month average market cap $128.80B = 6.9%
6.9%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $311.00M ÷ annual revenue $58.94B (2025) = 0.5%
0.5%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $169.65B.
For information (AAOIFI 3/1 note): cash + receivables are 11.8% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.26% weight · #65 of 503
- Among halal stocks
- 0.25% · #57 of 1455
- Held by funds
- SPUS 0.44% · HLAL 0.44%
- Dividend
- 2.34% · purify 0.5% · net 2.33%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 7 superinvestors · Average reported price: $103.96
- Bill NygrenOakmark Funds$1.6B2.1%
- Yacktman Asset Management$167.0M2.1%
- Christopher DavisDavis Advisors$195.2M0.8%
- Arnold Van Den BergCentury Management$2.6M0.5%
- Dodge & Cox Funds$963.3M0.5%
- Tweedy Browne$3.3M0.3%
Exited this quarter: Steven Check
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Oil & Gas E&P — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.