
MUR: Is Murphy Oil Corporation Halal?
Murphy Oil Corporation
$33.61
-2.83%
Market Cap: 4.8B
Compliance Status
Doubtful
Screened on Jul 18, 2026 · AAOIFI Standard 21
Good
Is Murphy Oil Corporation (MUR) halal? Doubtful. Based on AAOIFI screening, Murphy Oil Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 72/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own MUR, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
About Murphy Oil Corporation
Murphy Oil Corporation, along with its affiliated entities, functions as a company primarily focused on discovering and extracting crude oil and natural gas. Its operational footprint spans across the United States, Canada, and various international locations, where it actively produces crude oil, natural gas, and natural gas liquids. The firm, which was initially named Murphy Corporation, adopted its current designation of Murphy Oil Corporation in 1964. Established in 1950, its corporate headquarters can be found in Houston, Texas.
Sector: Energy · Industry: Oil & Gas Exploration & Production
Why This Stock Is Doubtful
- Debt is 26.4% of market cap, only 3.6 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
Compliance History
Doubtfulnow
since Jun 2026
Halal
until the change above
Doubtful
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is Murphy Oil Corporation (MUR) halal to invest in?
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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.