Is Sable Offshore Corp. (SOC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 40.2% / 30% | 14.2% / 30% | 0.0% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 40.2% / 33% | 14.2% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 53.8% / 33% | 19.0% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 40.2% / 33% | 14.2% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 53.8% / 33% | 19.0% / 33% | 0.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -89.3% | |
| Return on Assets (ROA) | -15.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$352M |
| Free Cash Flow | -$769M |
| Total Debt | $943M |
| Debt-to-Equity | 176.4 |
| Current Ratio | 0.1 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $17.92 |
| 50-Day MA | $11.72 |
| 200-Day MA | $16.07 |
| Avg Volume | 7.6M |
| Beta | 0.4 |
|
52-Week Range
$3.72
| |
About Sable Offshore Corp. (SOC)
Sable Offshore Corp. operates as an independent oil and gas company in the United States. The company operates through three platforms located in federal waters offshore California. It also owns and operates 16 federal leases across approximately 76,000 acres, as well as subsea pipelines that transports crude oil, natural gas, and produced water from the platforms to the onshore processing facilities. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is headquartered in Houston, Texas.
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Frequently Asked Questions
Is Sable Offshore Corp. (SOC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sable Offshore Corp. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Sable Offshore Corp.'s debt ratio?
Sable Offshore Corp.'s debt ratio is 40.2% 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 53.8%.
What are Sable Offshore Corp.'s key financial metrics?
Sable Offshore Corp. has a market capitalization of $2.7B. Return on equity stands at -89.3%.
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.