Is Santos (STO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 31.1% / 30% | 7.2% / 30% | 2.8% / 30% | 2.3% / 5% | ✗ NOT HALAL |
| DJIM | 31.1% / 33% | 7.2% / 33% | 2.8% / 33% | 2.3% / 5% | ✓ HALAL |
| MSCI | 24.7% / 33% | 5.7% / 33% | 2.2% / 33% | 2.3% / 5% | ✓ HALAL |
| S&P | 31.1% / 33% | 7.2% / 33% | 2.8% / 33% | 2.3% / 5% | ✓ HALAL |
| FTSE | 24.7% / 33% | 5.7% / 33% | 2.2% / 50% | 2.3% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 33.7% | |
| Operating Margin | 25.9% | |
| Net Margin | 16.6% | |
| Return on Equity (ROE) | 5.2% | |
| Return on Assets (ROA) | 2.4% |
Cash Flow & Balance Sheet
| Free Cash Flow | $757M |
| Total Debt | $7.5B |
| Debt-to-Equity | 48.1 |
| Current Ratio | 1.5 |
| Total Assets | $30.5B |
Price & Trading
| Last Close | AUD 7.85 |
| 50-Day MA | AUD 7.08 |
| 200-Day MA | AUD 7.01 |
| Avg Volume | 13.9M |
| Beta | 0.0 |
|
52-Week Range
AUD 5.20
| |
About Santos (STO)
Santos Limited explores, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Alaska, Cooper Basin, Queensland and New South Wales, Papua New Guinea, Northern Australia, Timor-Leste and Western Australia. It also engages in the development of decarbonization technologies. In addition, the company produces crude oil, liquefied petroleum gas, ethane, liquefied natural gas, and condensate, as well as natural gas. Santos Limited was incorporated in 1954 and is headquartered in Adelaide, Australia.
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Frequently Asked Questions
Is Santos (STO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Santos 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 Santos's debt ratio?
Santos's debt ratio is 31.1% 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 24.7%.
What are Santos's key financial metrics?
Santos has a market capitalization of $25.8B, trailing P/E ratio of 22.1, and revenue of $5.0B. The company maintains a gross margin of 33.7% and a net margin of 16.6%. Return on equity stands at 5.2%.
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.