Is HALLIBURTON CO (HAL) Halal?

NYSE Energy United States $34.0B
✓ HALAL
Confidence: 95/100
HALLIBURTON CO (HAL) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 28.4% against the AAOIFI threshold of 30%, HALLIBURTON CO comfortably passes the key financial ratio tests. The company operates in the Energy sector (Oil & Gas Equipment & Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 28.4%
/ 30%
7.7%
/ 30%
17.2%
/ 30%
4.36%
/ 5%
✓ HALAL
DJIM 28.4%
/ 33%
7.7%
/ 33%
17.2%
/ 33%
4.36%
/ 5%
✓ HALAL
MSCI 32.5%
/ 33%
8.8%
/ 33%
19.8%
/ 33%
4.36%
/ 5%
✓ HALAL
S&P 28.4%
/ 33%
7.7%
/ 33%
17.2%
/ 33%
4.36%
/ 5%
✓ HALAL
FTSE 32.5%
/ 33%
8.8%
/ 33%
19.8%
/ 50%
4.36%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
26.9
Forward: 15.0
EPS
$1.50
Dividend Yield
168.0%
Payout: 45.3%
P/B Ratio
3.2
EV/EBITDA
9.7
EV: $40.0B
Revenue
$22.2B
Growth: 0.8%
Beta
0.8
Low volatility
Current Ratio
2.0

Profitability

Gross Margin 15.7%
Operating Margin 14.9%
Net Margin 5.8%
Return on Equity (ROE) 12.3%
Return on Assets (ROA) 7.4%

Cash Flow & Balance Sheet

Operating Cash Flow$2.9B
Free Cash Flow$1.7B
Total Debt$8.1B
Debt-to-Equity79.2
Current Ratio2.0
Total Assets$25.0B

Price & Trading

Last Close$38.79
50-Day MA$34.95
200-Day MA$27.10
Avg Volume15.1M
Beta0.8
52-Week Range
$18.72
$40.43

About HALLIBURTON CO (HAL)

CEO
Mr. Jeffrey Allen Miller CPA
Employees
46,000
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Exchange
NYSE
Market Cap
$34.0B
Currency
USD

Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, multilateral systems, and service tools. This segment also provides electrical submersible pumps, as well as artificial lift services; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning; and specialty chemicals and services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; wireline and perforating services consisting of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.

Purification Calculator

As a halal stock with 4.36% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is HALLIBURTON CO (HAL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), HALLIBURTON CO 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 HALLIBURTON CO's debt ratio?

HALLIBURTON CO's debt ratio is 28.4% 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 32.5%.

Does HALLIBURTON CO require dividend purification?

Yes, HALLIBURTON CO has an impermissible income ratio of 4.36%, which means 4.36% 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 HALLIBURTON CO's key financial metrics?

HALLIBURTON CO has a market capitalization of $34.0B, trailing P/E ratio of 26.9, and revenue of $22.2B. The company maintains a gross margin of 15.7% and a net margin of 5.8%. Return on equity stands at 12.3%.

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.