What is Occidental Petroleum Corporation's Shariah compliance score?

Occidental Petroleum Corporation (OXY) has a Shariah compliance score of 71/100 (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 Occidental Petroleum Corporation pass AAOIFI screening?

Occidental Petroleum Corporation (OXY) 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%. OXY's debt-to-market-cap is 22.0%.

How much purification is needed for Occidental Petroleum Corporation?

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 Occidental Petroleum Corporation (OXY) using the latest financial data.

Where can I screen Occidental Petroleum Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Occidental Petroleum Corporation (OXY) 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.

OXYHalalB+

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Compliance Status

Halal

Screened on Oct 18, 2026 · AAOIFI Standard 21

B+

Good

71Score

Is Occidental Petroleum Corporation (OXY) halal? Halal. Based on AAOIFI screening, Occidental Petroleum Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 71/100 (Grade: B+).

Quote this verdict

HalalScreener rates Occidental Petroleum Corporation (OXY) Halal, 71/100, grade B+ under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/OXY

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%.

22.0% 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 OXY

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

Purification amount is Pro

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

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OXY: Is Occidental Petroleum Corporation Halal?

Occidental Petroleum Corporation

NYSEEnergyUS

$62.38

+2.82%

Market Cap: 62.4B

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About Occidental Petroleum Corporation

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 18, 2026

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Screened according to AAOIFI Standard 21

Compliance History

Halalnow
since Oct 2026
Doubtful
until the change above
Halal
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 Occidental Petroleum Corporation (OXY) halal to invest in?

Based on AAOIFI Standard 21 screening, Occidental Petroleum Corporation (OXY) 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 Occidental Petroleum Corporation get a B+ compliance rating?

Occidental Petroleum Corporation (OXY) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Occidental Petroleum Corporation's Shariah verdict?

Occidental Petroleum 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 Occidental Petroleum Corporation re-screened for Shariah compliance?

Occidental Petroleum Corporation (OXY) 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 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.