
SD: Is SandRidge Energy, Inc. Halal?
SandRidge Energy, Inc.
$13.43
-0.15%
Market Cap: 495.8M
Compliance Status
Halal
Screened on Jul 18, 2026 · AAOIFI Standard 21
Acceptable
Is SandRidge Energy, Inc. (SD) halal? Halal. Based on AAOIFI screening, SandRidge Energy, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 69/100 (Grade: B).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own SD
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purify 2.4% of your income from SD
That is about $2.40 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout SandRidge Energy, Inc.
SandRidge Energy, Inc. is an energy firm primarily involved in the identification, development, and extraction of crude oil and natural gas resources, predominantly within the U.S. Mid-Continent region. As of December 31, 2021, the company reported an interest in 817 net producing wells. It also oversaw approximately 368,000 net leasehold acres spanning Oklahoma and Kansas, while its total estimated proved reserves amounted to 71.3 million barrels of oil equivalent. Established in 2006, the organization maintains its corporate headquarters in Oklahoma City, Oklahoma.
Sector: Energy · Industry: Oil & Gas Exploration & Production
Shariah Compliance Status
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Halal
until the change above
Not Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is SandRidge Energy, Inc. (SD) 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.