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AAOIFI No. 21 screening

Is WFRD halal?

Weatherford International plc

Halal

Weatherford International plc 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

76.19

Day

+1.59%

Market cap

$5.40B

Industry

Oil & Gas Equipment & Services

Sector

Energy

What the company does

Weatherford (Ireland) is an oilfield-services company: well-construction and completion equipment, artificial lift and well intervention for oil producers (mostly international). Its money comes from service and equipment 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 $1.48B ÷ 36-month average market cap $6.04B = 24.5%

    24.5%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $1.10B ÷ 36-month average market cap $6.04B = 18.2%

    18.2%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $46.00M ÷ annual revenue $4.92B (2025) = 0.9%

    0.9%

    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: $5.40B.

For information (AAOIFI 3/1 note): cash + receivables are 43.2% 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
0.01% · #562 of 1454

Superinvestors

SEC 13F, 2026 Q3. Up to 45 days delayed.

Held by 1 superinvestors · Average reported price: $81.50

Exited this quarter: David Einhorn

All superinvestor portfolios

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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.

Earnings historyWFRD's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →