Is SLB halal?
SLB Limited
Halal
SLB Limited 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
49.5
Day
+2.34%
Market cap
$72.11B
Industry
Oil & Gas Equipment & Services
Sector
Energy
What the company does
SLB (Schlumberger) is the world's largest oilfield-services company: well drilling, seismic exploration, well equipment and software. Customers are oil and gas producers (especially international); its money comes from service contracts.
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 $12.80B ÷ 36-month average market cap $62.70B = 20.4%
20.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $4.07B ÷ 36-month average market cap $62.70B = 6.5%
6.5%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $136.00M ÷ annual revenue $35.71B (2025) = 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: $72.11B.
For information (AAOIFI 3/1 note): cash + receivables are 23.8% 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
- 0.11% weight · #168 of 503
- Among halal stocks
- 0.11% · #125 of 1454
- Held by funds
- HLAL 0.21% · SPUS 0.19%
- Dividend
- 2.38% · purify 0.4% · net 2.37%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 7 superinvestors · Average reported price: $46.49
- Muhlenkamp$15.1M4.4%
- First Eagle Investment Management$2.7B2.2%
- Greenhaven Associates$176.8M2.0%
- Arnold Van Den BergCentury Management$7.8M1.6%
- John RogersAriel Investments$54.1M0.5%
- Dodge & Cox Funds$4.6M0.0%
Halal stocks in the same industry
The largest halal stocks in Oil & Gas Equipment & Services — for comparison.
Related articles
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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.