What is SM Energy Company's Shariah compliance score?

SM Energy Company's (SM) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does SM Energy Company pass AAOIFI screening?

SM Energy Company (SM) 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% (SM: 32.5%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for SM Energy Company stock?

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 exact percentage and amount for SM Energy Company (SM) using the latest financial data.

Where can I screen SM Energy Company for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for SM Energy Company (SM) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about SM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SM: Is SM Energy Company Halal?

SM Energy Company

NYSEEnergyUS

$33.75

+4.10%

Market Cap: 8.1B

Compliance Status

Not Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates SM Energy Company (SM) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/SM

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%.

32.5% of 30.0% limit

What this means for you

Most scholars advise not holding SM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About SM Energy Company

SM Energy Company is an independent firm dedicated to the exploration, development, acquisition, and production of oil, natural gas, and natural gas liquids. Its operations are exclusively concentrated within the state of Texas. As of February 24, 2022, the company reported an impressive 492.0 million barrels of oil equivalent in estimated proved reserves. Furthermore, it holds working stakes in 825 active oil wells and 483 active gas wells, primarily situated in the Midland Basin and South Texas regions. Established in 1908, the company is headquartered in Denver, Colorado. It adopted its current name, SM Energy Company, in May 2010, having previously been known as St. Mary Land & Exploration Company.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

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

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Energy

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

0091.KLA+

Propel Global Bhd

$0.07

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.71

+0.02%

0193.KLA+

Kinergy Advancement Bhd

$0.40

-0.01%

0215.KLA+

Solarvest Holdings Bhd

$3.22

+0.06%

More Energy Stocks

XOM

Exxon Mobil Corporation

A+

CVX

Chevron Corporation

A+

COP

ConocoPhillips

SLB

Slb N.V.

EOG

EOG Resources, Inc.

OKE

ONEOK, Inc.

Free · No credit card required

Track SM and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is SM Energy Company (SM) halal to invest in?

SM Energy Company (SM) 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 SM Energy Company get a F compliance rating?

SM Energy Company (SM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 32.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change SM Energy Company's Shariah verdict?

SM Energy Company'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 SM Energy Company re-screened for Shariah compliance?

SM Energy Company (SM) 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: Aug 30, 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.