Is SandRidge Energy, Inc. (SD) halal? Halal. Based on AAOIFI screening, SandRidge Energy, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 76/100 (Grade: B+).
SD — Is SandRidge Energy, Inc. Halal?
HalalSandRidge Energy, Inc.
$15.23
+0.00%
About SandRidge Energy, Inc.
SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells; and operated approximately 368,000 net leasehold acres in Oklahoma and Kansas, as well as total estimated proved reserves of 71.3 million barrels of oil equivalent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.
Sector: Energy · Industry: Oil & Gas Exploration & Production
Shariah Compliance Status
Based on AAOIFI screening standards
Good
Good compliance with minor concerns
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your SD Dividends
0.9% non-compliant incomeSD has 0.9% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
562.3M
Price
$15.23
Sector
Energy
Industry
Oil & Gas Exploration & Production
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Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.