What is Ovintiv Inc.'s Shariah compliance score?

Ovintiv Inc. (OVV) has a Shariah compliance score of 78/100 (Grade: B+, Good). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Ovintiv Inc. pass AAOIFI screening?

Ovintiv Inc. (OVV) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. OVV's debt-to-market-cap is 20.2%.

How much purification is needed for Ovintiv Inc.?

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 percentage and amount for Ovintiv Inc. (OVV) using the latest financial data.

Where can I screen Ovintiv Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ovintiv Inc. (OVV) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

OVVHalalB+

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Compliance Status

Halal

Screened on Oct 16, 2026 · AAOIFI Standard 21

B+

Good

78Score

Is Ovintiv Inc. (OVV) halal? Halal. Based on AAOIFI screening, Ovintiv Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 78/100 (Grade: B+).

Quote this verdict

HalalScreener rates Ovintiv Inc. (OVV) Halal, 78/100, grade B+ under AAOIFI Standard 21, screened Oct 16, 2026. Source: https://halalscreener.app/en/stock/OVV

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%.

20.2% of 30.0% limit

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You can own OVV

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened OVV's prohibited income, but the exact share you would need to purify is part of Pro.

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OVV: Is Ovintiv Inc. Halal?

Ovintiv Inc.

NYSEEnergyUS

$69.33

Market Cap: 19.2B

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About Ovintiv Inc.

Ovintiv Inc. is an energy company primarily focused on the exploration, production, and sale of natural gas, crude oil, and natural gas liquids (NGLs). Its activities are managed across three main segments: operations within the United States, operations in Canada, and market optimization efforts. The company holds significant resource plays, notably in the Permian Basin of West Texas, the Anadarko Basin in west-central Oklahoma, and the Montney region spanning northeastern British Columbia and northwestern Alberta. Additional upstream holdings include the Bakken formation in North Dakota, the Uinta Basin in central Utah, the Horn River Basin in northeastern British Columbia, and Wheatland in southern Alberta. Ovintiv Inc. was formed in 2020, the same year it adopted its current name, having previously been known as Encana Corporation. Its corporate headquarters are located in Denver, Colorado.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 16, 2026

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Screened according to AAOIFI Standard 21

Compliance History

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

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Ovintiv Inc. (OVV) halal to invest in?

Based on AAOIFI Standard 21 screening, Ovintiv Inc. (OVV) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Ovintiv Inc. get a B+ compliance rating?

Ovintiv Inc. (OVV) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Ovintiv Inc.'s Shariah verdict?

Ovintiv 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 Ovintiv Inc. re-screened for Shariah compliance?

Ovintiv Inc. (OVV) 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: Oct 16, 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.