What is Noble Corporation Plc's Shariah compliance score?

Noble Corporation Plc (NE) has a Shariah compliance score of 69/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Noble Corporation Plc pass AAOIFI screening?

Noble Corporation Plc (NE) partially passes with caution 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% (NE: 29.8%), (3) interest-bearing deposits below 30% (NE: 7.1%), and (4) prohibited income below 5% (NE: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Noble Corporation Plc stock?

Noble Corporation Plc (NE) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NE 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 Noble Corporation Plc for Shariah compliance for free?

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

NE: Is Noble Corporation Plc Halal?

Noble Corporation Plc

NYSEEnergyUS

$39.97

+2.75%

Market Cap: 6.4B

Compliance Status

Doubtful

Screened on Jul 18, 2026 · AAOIFI Standard 21

Acceptable

69Score

Is Noble Corporation Plc (NE) halal? Doubtful. Based on AAOIFI screening, Noble Corporation Plc passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 69/100 (Grade: B).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

29.8% of 30.0% limit

What this means for you

You may own NE, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

About Noble Corporation Plc

Operating globally through its subsidiaries, Noble Corporation Plc functions as an offshore drilling contractor for the oil and gas sector. The company delivers essential contract drilling services, leveraging its diverse fleet of mobile offshore units. As of February 16, 2022, this fleet comprised 20 offshore drilling units, specifically consisting of 12 floaters and 8 jackups. Established in 1921, Noble Corporation, formerly known as Noble Holding Corporation plc, maintains its headquarters in Sugar Land, Texas.

Sector: Energy · Industry: Oil & Gas Drilling

Why This Stock Is Doubtful

Debt is 29.8% of market cap, only 0.2 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

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Doubtfulnow
since Jul 2026
Not Halal
until the change above
Doubtful
until the change above
Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Noble Corporation Plc (NE) halal to invest in?

Noble Corporation Plc (NE) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Noble Corporation Plc get a B compliance rating?

Noble Corporation Plc (NE) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 29.8% (limit 30%); interest-bearing deposits of 7.1% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Noble Corporation Plc's Shariah verdict?

Noble Corporation Plc'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 Noble Corporation Plc re-screened for Shariah compliance?

Noble Corporation Plc (NE) 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.