What is Helix Energy Solutions Group, Inc.'s Shariah compliance score?

Helix Energy Solutions Group, Inc.'s (HLX) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Helix Energy Solutions Group, Inc. pass AAOIFI screening?

Helix Energy Solutions Group, Inc. (HLX) 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% (HLX: 20.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Helix Energy Solutions Group, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Helix Energy Solutions Group, Inc. (HLX) using the latest financial data.

Where can I screen Helix Energy Solutions Group, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Helix Energy Solutions Group, Inc. (HLX) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HLX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HLX: Is Helix Energy Solutions Group, Inc. Halal?

Helix Energy Solutions Group, Inc.

NYSEEnergyUS

$9.13

-5.29%

Market Cap: 1.3B

Compliance Status

Not Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Helix Energy Solutions Group, Inc. (HLX) halal? Not Halal. Based on AAOIFI screening, Helix Energy Solutions Group, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Helix Energy Solutions Group, Inc. (HLX) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/HLX

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

20.4% of 30.0% limit

What this means for you

Most scholars advise not holding HLX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Helix Energy Solutions Group, Inc.

Helix Energy Solutions Group, Inc., founded in 1979 and based in Houston, Texas, (and known as Cal Dive International, Inc., until its name change in March 2006) is an offshore energy services firm. It provides an array of specialized solutions to the offshore energy sector, primarily across major global regions such as Brazil, the Gulf of Mexico, the North Sea, Asia Pacific, and West Africa. The company's operations are divided into three core business units: Well Intervention, Robotics, and Production Facilities. The Robotics segment focuses on complex subsea infrastructure work, encompassing the installation of flowlines, control umbilicals, manifold assemblies, and risers. This also includes the trenching and burial of pipelines, precision tie-in of risers and manifold assemblies, as well as commissioning, testing, inspection activities, and the deployment and connection of cables and umbilicals. Within its Well Intervention segment, Helix offers critical services for well optimization, including intervention engineering and production enhancement. This segment also performs comprehensive inspection, repair, and maintenance for various subsea assets, such as production structures, well trees, jumpers, risers, pipelines, and general subsea equipment, supported by related technical assistance. The Production Facilities segment delivers a range of support services, from oil and natural gas processing facilities and rapid response systems to site clearance and general subsea support. Additionally, the company provides environmental reclamation and remediation services, complete well and pipeline plug-and-abandonment operations, and thorough site inspections. Helix serves a broad customer base, including independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy businesses, and offshore engineering and construction firms.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

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

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

Fiscal: Q2 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

$0.07

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.66

-0.01%

0193.KLA+

Kinergy Advancement Bhd

$0.41

-0.01%

0215.KLA+

Solarvest Holdings Bhd

$3.04

-0.02%

More Energy Stocks

XOM

Exxon Mobil Corporation

A+

CVX

Chevron Corporation

A+

COP

ConocoPhillips

SLB

Slb N.V.

EOG

EOG Resources, Inc.

OKE

ONEOK, Inc.

Free · No credit card required

Track HLX and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Helix Energy Solutions Group, Inc. (HLX) halal to invest in?

Helix Energy Solutions Group, Inc. (HLX) 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 Helix Energy Solutions Group, Inc. get a F compliance rating?

Helix Energy Solutions Group, Inc. (HLX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Helix Energy Solutions Group, Inc.'s Shariah verdict?

Helix Energy Solutions Group, Inc.'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 Helix Energy Solutions Group, Inc. re-screened for Shariah compliance?

Helix Energy Solutions Group, Inc. (HLX) 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 30, 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.