What is Devon Energy Corporation's Shariah compliance score?

Devon Energy Corporation's (DVN) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Devon Energy Corporation pass AAOIFI screening?

Devon Energy Corporation (DVN) 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% (DVN: 30.8%), (3) interest-bearing deposits below 30% (DVN: 4.4%), and (4) prohibited income below 5% (DVN: 0.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Devon Energy Corporation stock?

Devon Energy Corporation (DVN) has a non-permissible income ratio of 0.22%. Muslim investors should purify this percentage of any dividends received and capital gains realized from DVN 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 Devon Energy Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Devon Energy Corporation (DVN) 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 DVN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

DVN: Is Devon Energy Corporation Halal?

Devon Energy Corporation

NYSEEnergyUS

$43.83

+0.50%

Market Cap: 27.2B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Devon Energy Corporation (DVN) halal? Not Halal. Based on AAOIFI screening, Devon Energy Corporation 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%.

30.8% of 30.0% limit

What this means for you

Most scholars advise not holding DVN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Devon Energy Corporation

As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Not Halalnow
since Jun 2026
Doubtful
until the change above
Not Halal
until the change above

Tracked since Jun 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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Frequently Asked Questions

Is Devon Energy Corporation (DVN) halal to invest in?

Devon Energy Corporation (DVN) 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 Devon Energy Corporation get a F compliance rating?

Devon Energy Corporation (DVN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 30.8% (limit 30%); interest-bearing deposits of 4.4% (limit 30%); prohibited income of 0.22% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Devon Energy Corporation's Shariah verdict?

Devon Energy Corporation'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 Devon Energy Corporation re-screened for Shariah compliance?

Devon Energy Corporation (DVN) 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 19, 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.