
WFRD: Is Weatherford International plc Halal?
Weatherford International plc
$80.70
+0.35%
Market Cap: 5.8B
Compliance Status
Doubtful
Screened on Jul 18, 2026 · AAOIFI Standard 21
Fair
Is Weatherford International plc (WFRD) halal? Doubtful. Based on AAOIFI screening, Weatherford International plc passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 58/100 (Grade: C+).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own WFRD, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purify 0.9% of your income from WFRD
That is about $0.90 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout Weatherford International plc
Weatherford International plc is a prominent energy services enterprise that supplies an extensive range of equipment and specialized services on a global scale. The company supports the full lifecycle of oil, geothermal, and natural gas wells, covering initial drilling, thorough evaluation, well completion, ongoing production, and crucial intervention activities. Its operations are organized into two main geographical divisions: the Western Hemisphere and the Eastern Hemisphere. Weatherford's diverse offerings include numerous artificial lift systems, such as reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid configurations, alongside their associated automation and control systems. They also deliver pressure pumping and reservoir stimulation solutions, encompassing acidizing, hydraulic fracturing, cementing, and coiled-tubing interventions. For well assessment, the company provides drill stem testing tools, surface well testing, and multiphase flow measurement services. Furthermore, Weatherford furnishes essential safety tools, downhole reservoir monitoring systems, flow control mechanisms, and multistage fracturing equipment. This is complemented by sand-control technologies and various production and isolation packers. For well construction, they supply robust liner hangers engineered for challenging high-temperature and high-pressure conditions, as well as a full suite of cementing products designed for zonal isolation, including plugs, float and stage equipment, and torque-and-drag reduction technology. These offerings are supported by expert pre-job planning and installation. In the domain of drilling, Weatherford excels in directional drilling services and real-time logging while drilling. Their advanced drilling technologies feature rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs. They also provide rotating control devices and sophisticated automated control systems, alongside specialized drilling services like closed-loop, air, managed-pressure, and underbalanced drilling. Comprehensive logging capabilities extend to both open and cased holes, with dedicated intervention and remediation services addressing well integrity and performance. Lastly, the company manages tubulars through handling, management, and connection services. They also facilitate re-entry, fishing, wellbore cleaning, and well abandonment services, utilizing patented bottom-hole assemblies, specialized tubular-handling equipment, pressure-control equipment, and drill pipe and collars. Weatherford International plc was established in 1972 and maintains its headquarters in Houston, Texas.
Sector: Energy · Industry: Oil & Gas Equipment & Services
Why This Stock Is Doubtful
- Debt is 27.4% of market cap, only 2.6 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Jun 2026
Halal
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
More Energy Stocks
Track WFRD and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Weatherford International plc (WFRD) halal to invest in?
Why did Weatherford International plc get a C+ compliance rating?
What could change Weatherford International plc's Shariah verdict?
How often is Weatherford International plc re-screened for Shariah compliance?
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.