Is California Resources Corp (CRC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 21.2% / 30% | 6.4% / 30% | 8.1% / 30% | 0.89% / 5% | ✓ HALAL |
| DJIM | 21.2% / 33% | 6.4% / 33% | 8.1% / 33% | 0.89% / 5% | ✓ HALAL |
| MSCI | 17.1% / 33% | 5.2% / 33% | 6.5% / 33% | 0.89% / 5% | ✓ HALAL |
| S&P | 21.2% / 33% | 6.4% / 33% | 8.1% / 33% | 0.89% / 5% | ✓ HALAL |
| FTSE | 17.1% / 33% | 5.2% / 33% | 6.5% / 50% | 0.89% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 54.4% | |
| Operating Margin | 18.7% | |
| Net Margin | 10.7% | |
| Return on Equity (ROE) | 10.1% | |
| Return on Assets (ROA) | 6.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $865M |
| Free Cash Flow | $865M |
| Total Debt | $1.4B |
| Debt-to-Equity | 37.0 |
| Current Ratio | 0.9 |
| Total Assets | $7.4B |
Price & Trading
| Last Close | $67.96 |
| 50-Day MA | $57.97 |
| 200-Day MA | $50.78 |
| Avg Volume | 952K |
| Beta | 1.2 |
|
52-Week Range
$30.97
| |
About California Resources Corp (CRC)
California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVault which builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. In addition, it owns and operates power generation facilities, as well as smaller gas-fired power plants used to generate power for oil and natural gas operations. The company was incorporated in 2014 and is based in Long Beach, California.
Purification Calculator
As a halal stock with 0.89% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is California Resources Corp (CRC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), California Resources Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is California Resources Corp's debt ratio?
California Resources Corp's debt ratio is 21.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 17.1%.
Does California Resources Corp require dividend purification?
Yes, California Resources Corp has an impermissible income ratio of 0.89%, which means 0.89% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are California Resources Corp's key financial metrics?
California Resources Corp has a market capitalization of $6.1B, trailing P/E ratio of 16.6, and revenue of $3.4B. The company maintains a gross margin of 54.4% and a net margin of 10.7%. Return on equity stands at 10.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.