Marathon Oil Corporation

MRO: Is Marathon Oil Corporation Halal?

Marathon Oil Corporation

NYSEEnergyUS

$28.55

Market Cap: 16.0B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Marathon Oil Corporation (MRO) halal? Not Halal. Based on AAOIFI screening, Marathon Oil Corporation 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%.

34.0% of 30.0% limit

What this means for you

Most scholars advise not holding MRO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Marathon Oil Corporation

Marathon Oil Corporation operates as an independent upstream energy company, primarily focusing on exploration, development, and production activities within the United States and international markets. The firm is engaged in discovering, extracting, and commercializing crude oil, condensate, natural gas liquids (NGLs), and natural gas. Additionally, it manufactures and sells refined natural gas products such as liquefied natural gas (LNG) and methanol. Its operational assets include 32 central gathering and treatment facilities, along with the Sugarloaf natural gas pipeline, a 42-mile system traversing Karnes and Atascosa Counties. Established in 1887, the company was formerly USX Corporation before rebranding to Marathon Oil Corporation in December 2001. Its corporate headquarters are located in Houston, Texas.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2023Data source: FMP

Halal Alternatives in Energy

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Frequently Asked Questions

Is Marathon Oil Corporation (MRO) halal to invest in?
Marathon Oil Corporation (MRO) 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 Marathon Oil Corporation get a F compliance rating?
Marathon Oil Corporation (MRO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 34.0% (limit 30%); interest-bearing deposits of 1.0% (limit 30%); prohibited income of 0.11% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Marathon Oil Corporation's Shariah verdict?
Marathon Oil 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 Marathon Oil Corporation re-screened for Shariah compliance?
Marathon Oil Corporation (MRO) 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 18, 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.