Is FLOC halal?
Flowco Holdings Inc.
Halal
Flowco Holdings Inc. 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
18.81
Day
+2.62%
Market cap
$2.08B
Industry
Oil & Gas Equipment & Services
Sector
Energy
What the company does
Flowco (IPO 2025) makes oil-well production-optimization equipment: artificial lift (gas lift, plungers), vapor control and digital monitoring in the Permian and other US basins. Its money comes from equipment sales and rentals.
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 $320.60M ÷ current market cap $2.08B = 15.4%
15.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $19.19M ÷ current market cap $2.08B = 0.9%
0.9%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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.
For information (AAOIFI 3/1 note): cash + receivables are 8.6% 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
- Not in the S&P 500
- Among halal stocks
- 0.00% · #762 of 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 1.69% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $21.34
- First Eagle Investment Management$33.2M0.0%
Halal stocks in the same industry
The largest halal stocks in Oil & Gas Equipment & Services — 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.