Is HAL halal?
Halliburton Company
Halal
Halliburton Company passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 16 October 2026
Exchange
NYSE
Price
33.5
Day
+1.85%
Market cap
$28.02B
Industry
Oil & Gas Equipment & Services
Sector
Energy
What the company does
Halliburton services oil and gas wells: hydraulic fracturing, cementing, drilling tools. Revenue comes from well services and equipment sold to oil producers.
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 $7.16B ÷ 36-month average market cap $26.50B = 27.0%
27.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $2.05B ÷ 36-month average market cap $26.50B = 7.7%
7.7%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $97.00M ÷ annual revenue $22.94B (2024) = 0.4%
0.4%
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: $28.02B.
For information (AAOIFI 3/1 note): cash + receivables are 28.6% 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
- 0.04% weight · #322 of 503
- Among halal stocks
- 0.04% · #234 of 1454
- Held by funds
- HLAL 0.08% · SPUS 0.07%
- Dividend
- 2.07% · purify 0.4% · net 2.07%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $33.95
- Richard PzenaPzena Investment Management$133.3M0.4%
Exited this quarter: Dodge & Cox Funds
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Oil & Gas Equipment & Services — for comparison.
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- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.