Is VNOM halal?
Viper Energy, Inc.
Halal
Viper Energy, 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
NASDAQ
Price
45.02
Day
+2.95%
Market cap
$15.90B
Industry
Oil & Gas Midstream
Sector
Energy
What the company does
Viper Energy (a Diamondback subsidiary) owns oil and gas mineral rights in the Permian Basin: it drills nothing and collects royalties from producers. Its money comes from royalties.
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 $1.68B ÷ 36-month average market cap $6.06B = 27.7%
27.7%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $77.00M ÷ 36-month average market cap $6.06B = 1.3%
1.3%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $10.00M ÷ annual revenue $1.39B (2025) = 0.7%
0.7%
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: $15.90B.
For information (AAOIFI 3/1 note): cash + receivables are 4.7% 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
- 0.02% · #325 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 5.52% · purify 0.7% · net 5.48%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $42.40
- Howard MarksOaktree Capital Management$160.8M4.3%
Halal stocks in the same industry
The largest halal stocks in Oil & Gas Midstream — 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.