Is PBR halal?
Petroleo Brasileiro S.A. Petrob
Halal
Petroleo Brasileiro S.A. Petrob passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
26
Day
+2.77%
Market cap
$164.65B
Industry
Oil & Gas Integrated
Sector
Energy
What the company does
Petrobras (Brazil) is the state-controlled oil company: it produces oil from deep-water (pre-salt) fields, refines it and sells fuel. Revenue comes from oil and fuel sales; political interference (pricing, dividends) is a constant risk.
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 $13.98B ÷ 36-month average market cap (estimated) $97.90B = 14.3%
14.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $2.05B ÷ 36-month average market cap (estimated) $97.90B = 2.1%
2.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $79.39M ÷ annual revenue $17.62B (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: $164.65B.
For information (AAOIFI 3/1 note): cash + receivables are 7.6% 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
- 0.24% · #60 of 1454
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $16.16
- Dodge & Cox Funds$485K0.0%
Exited this quarter: Howard Marks
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Oil & Gas Integrated — 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.