Is Devon Energy Corporation (DVN) halal? Doubtful. Based on AAOIFI screening, Devon Energy Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 65/100 (Grade: B).
DVN β Is Devon Energy Corporation Halal?
DoubtfulDevon Energy Corporation
$45.99
-0.19%
About Devon Energy Corporation
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
Sector: Energy Β· Industry: Oil & Gas Exploration & Production
Why This Stock Is Doubtful
- Debt is 29.2% of market cap β only 0.8 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Based on AAOIFI screening standards
Acceptable
Acceptable but room for improvement
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
Doubtfulnow
since Jun 2026
Not Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your DVN Dividends
0.1% non-compliant incomeDVN has 0.1% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
28.6B
Price
$45.99
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.