What is Diversified Energy Company PLC's Shariah compliance score?

Diversified Energy Company PLC's (DEC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Diversified Energy Company PLC pass AAOIFI screening?

Diversified Energy Company PLC (DEC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (DEC: 274.5%), (3) interest-bearing deposits below 30% (DEC: 3.4%), and (4) prohibited income below 5% (DEC: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Diversified Energy Company PLC stock?

Diversified Energy Company PLC (DEC) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from DEC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Diversified Energy Company PLC for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Diversified Energy Company PLC (DEC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about DEC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

DEC: Is Diversified Energy Company PLC Halal?

Diversified Energy Company PLC

NYSEEnergyUS

$13.36

+0.15%

Market Cap: 966.2M

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Diversified Energy Company PLC (DEC) halal? Not Halal. Based on AAOIFI screening, Diversified Energy Company PLC passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

274.5% of 30.0% limit

What this means for you

Most scholars advise not holding DEC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Diversified Energy Company PLC

Diversified Energy Company PLC, rebranded from Diversified Gas & Oil PLC in May 2021, functions as an autonomous entity that owns and operates active natural gas and crude oil wells. Its main operational base is located within the Appalachian Basin of the United States, but its business activities extend beyond this region. The company handles the full scope of hydrocarbon resource management, from the initial extraction (production) to distribution (marketing) and delivery (transportation) of natural gas, natural gas liquids, crude oil, and condensates. Its extensive holdings include numerous natural gas wells and their associated gathering infrastructure, situated across states such as Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana. Diversified Energy Company PLC was established in 2001 and is headquartered in Birmingham, Alabama.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0091.KLA+

Propel Global Bhd

$0.08

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.87

+0.01%

0193.KLA+

Kinergy Advancement Bhd

$0.39

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$2.98

-0.01%

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ONEOK, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Diversified Energy Company PLC (DEC) halal to invest in?

Diversified Energy Company PLC (DEC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Diversified Energy Company PLC get a F compliance rating?

Diversified Energy Company PLC (DEC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 274.5% (limit 30%); interest-bearing deposits of 3.4% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Diversified Energy Company PLC's Shariah verdict?

Diversified Energy Company PLC's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Diversified Energy Company PLC re-screened for Shariah compliance?

Diversified Energy Company PLC (DEC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 20, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.