Drilling Tools International Corp.

DTI: Is Drilling Tools International Corp. Halal?

Drilling Tools International Corp.

NASDAQEnergyUS

$2.51

-0.20%

Market Cap: 88.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Drilling Tools International Corp. (DTI) halal? Not Halal. Based on AAOIFI screening, Drilling Tools International Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

61.6% of 30.0% limit

What this means for you

Most scholars advise not holding DTI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Drilling Tools International Corp.

Drilling Tools International Corp. (DTI) delivers specialized equipment and essential services to the oil and natural gas industry, with operations spanning North America, Europe, and the Middle East. The company offers a wide array of downhole products, including desanders, filters, both magnetic and non-magnetic drill collars, tubular goods, and flapper plugs, alongside advanced technologies for wellbore conditioning and friction reduction. Its drilling tool inventory features hole openers, roller reamers, and solutions for extended-reach drilling, complemented by a variety of stabilizers such as integral blade, sleeve, welded blade string, and hard-facing tools. DTI also provides stinger valves, heat-treated steel and non-magnetic sub-assemblies, and a comprehensive selection of handling tools like elevators, slips, tongs, and safety clamps. Furthermore, they supply blowout preventers, pressure control systems, and diverse drilling accessories including float valves, ring gauges, and ditch magnets. Beyond hardware, DTI furnishes critical support services, encompassing downhole inspection, automated well fence data solutions, and compass surveying. Established in 1984, Drilling Tools International Corp. is headquartered in Houston, Texas.

Sector: Energy · Industry: Oil & Gas Equipment & Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Energy

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Frequently Asked Questions

Is Drilling Tools International Corp. (DTI) halal to invest in?
Drilling Tools International Corp. (DTI) 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 Drilling Tools International Corp. get a F compliance rating?
Drilling Tools International Corp. (DTI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 61.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Drilling Tools International Corp.'s Shariah verdict?
Drilling Tools International Corp.'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 Drilling Tools International Corp. re-screened for Shariah compliance?
Drilling Tools International Corp. (DTI) 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: Aug 26, 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.