What is Precision Drilling Corporation's Shariah compliance score?

Precision Drilling Corporation's (PDS) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Precision Drilling Corporation pass AAOIFI screening?

Precision Drilling Corporation (PDS) does not pass 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% (PDS: 68.7%), (3) interest-bearing deposits below 30% (PDS: 7.9%), and (4) prohibited income below 5% (PDS: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Precision Drilling Corporation stock?

Precision Drilling Corporation (PDS) has a non-permissible income ratio of 0.09%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PDS 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 Precision Drilling Corporation for Shariah compliance for free?

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

PDS: Is Precision Drilling Corporation Halal?

Precision Drilling Corporation

NYSEEnergyCA

$80.62

-0.79%

Market Cap: 1.0B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Precision Drilling Corporation (PDS) halal? Not Halal. Based on AAOIFI screening, Precision Drilling Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

68.7% of 30.0% limit

What this means for you

Most scholars advise not holding PDS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Precision Drilling Corporation

Precision Drilling Corporation (PDS), founded in 1951 and headquartered in Calgary, Canada, specializes in providing land-based drilling, well completion, and production support services. The company caters to upstream oil and gas as well as geothermal energy companies across North America and the Middle East. Its operations are structured into two distinct divisions: 1. Contract Drilling Services: This division is dedicated to land-based well drilling activities, encompassing both traditional and turnkey drilling solutions, the sourcing and delivery of essential oilfield materials, and the fabrication and overhaul of drilling and service rig machinery. By the close of 2021, this segment managed a global fleet of 227 land drilling rigs, with 109 located in Canada, 105 in the United States, 6 in Kuwait, 4 in Saudi Arabia, 2 in the Kurdistan region of Iraq, and a single rig in Georgia. The advanced fleet also featured 47 Alpha™ rigs equipped with commercial AlphaAutomation, 18 AlphaApps, 4 grid-power-compatible rigs, and 60 rigs capable of operating on natural gas or bi-fuel. 2. Completion and Production Services: This division delivers specialized service rigs for a range of well operations including completion, workover, abandonment, maintenance, and re-entry preparation. This segment also supplies wellsite accommodation, leases out a variety of oilfield surface equipment, and offers comprehensive camp and catering provisions to oil and natural gas exploration and production companies. As of December 31, 2021, its assets included a total of 123 well completion and workover service rigs, comprising 113 in Canada and 10 in the U.S. Additionally, it provided approximately 1,900 distinct oilfield rental items, such as surface storage, small-flow wastewater treatment systems, power generation units, and solids control apparatus. Other assets included 109 wellsite accommodation units, 943 drill camp beds, 822 base camp beds, and three kitchen-diner facilities, all within Canada.

Sector: Energy · Industry: Oil & Gas Drilling

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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BM Greentech Bhd

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+0.01%

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Kinergy Advancement Bhd

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+0.00%

0215.KLA+

Solarvest Holdings Bhd

$2.98

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Frequently Asked Questions

Is Precision Drilling Corporation (PDS) halal to invest in?

Precision Drilling Corporation (PDS) 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 Precision Drilling Corporation get a F compliance rating?

Precision Drilling Corporation (PDS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 68.7% (limit 30%); interest-bearing deposits of 7.9% (limit 30%); prohibited income of 0.09% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Precision Drilling Corporation's Shariah verdict?

Precision Drilling 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 Precision Drilling Corporation re-screened for Shariah compliance?

Precision Drilling Corporation (PDS) 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 17, 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.