Is Noble Corp plc (NE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 28.4% / 30% | 6.8% / 30% | 9.6% / 30% | 0.61% / 5% | ✓ HALAL |
| DJIM | 28.4% / 33% | 6.8% / 33% | 9.6% / 33% | 0.61% / 5% | ✓ HALAL |
| MSCI | 26.2% / 33% | 6.3% / 33% | 8.9% / 33% | 0.61% / 5% | ✓ HALAL |
| S&P | 28.4% / 33% | 6.8% / 33% | 9.6% / 33% | 0.61% / 5% | ✓ HALAL |
| FTSE | 26.2% / 33% | 6.3% / 33% | 8.9% / 50% | 0.61% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.2% | |
| Operating Margin | 9.9% | |
| Net Margin | 7.0% | |
| Return on Equity (ROE) | 4.7% | |
| Return on Assets (ROA) | 3.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $952M |
| Free Cash Flow | $432M |
| Total Debt | $2.0B |
| Debt-to-Equity | 46.9 |
| Current Ratio | 1.7 |
| Total Assets | $7.5B |
Price & Trading
| Last Close | $49.83 |
| 50-Day MA | $42.46 |
| 200-Day MA | $32.31 |
| Avg Volume | 2.1M |
| Beta | 1.1 |
|
52-Week Range
$17.40
| |
About Noble Corp plc (NE)
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services through its fleet of mobile offshore drilling units. The company also operates drilling rigs, such as floaters and jackups. It serves its fleets in Africa, the Far East Asia, the North Sea, the Oceania, South America, and the United States Gulf of America. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.
Purification Calculator
As a halal stock with 0.61% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Noble Corp plc (NE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Noble Corp plc 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 Noble Corp plc's debt ratio?
Noble Corp plc'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 26.2%.
Does Noble Corp plc require dividend purification?
Yes, Noble Corp plc has an impermissible income ratio of 0.61%, which means 0.61% 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 Noble Corp plc's key financial metrics?
Noble Corp plc has a market capitalization of $7.9B, trailing P/E ratio of 36.9, and revenue of $3.3B. The company maintains a gross margin of 37.2% and a net margin of 7.0%. Return on equity stands at 4.7%.
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.