What is Borr Drilling Limited's Shariah compliance score?

Borr Drilling Limited's (BORR) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Borr Drilling Limited pass AAOIFI screening?

Borr Drilling Limited (BORR) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BORR: 175.9%), (3) interest-bearing deposits below 30% (BORR: 31.1%), and (4) prohibited income below 5% (BORR: 0.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Borr Drilling Limited stock?

Borr Drilling Limited (BORR) has a non-permissible income ratio of 0.36%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BORR shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Borr Drilling Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Borr Drilling Limited (BORR) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BORR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Borr Drilling Limited (BORR) halal? Not Halal. Based on AAOIFI screening, Borr Drilling Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

BORR: Is Borr Drilling Limited Halal?

Not Halal

Borr Drilling Limited

NYSEEnergyUS

$4.66

+2.87%

AvoidBorderlineClean

About Borr Drilling Limited

Borr Drilling Limited operates globally as a specialized offshore drilling contractor, serving the needs of the oil and gas sector. The company's core business involves the acquisition, leasing, and operation of jack-up rigs, which are primarily deployed for projects in shallow-water regions. Beyond the rigs themselves, Borr Drilling also furnishes all essential supporting equipment and skilled personnel required for executing oil and gas drilling and workover tasks throughout the exploration and production stages. Its client base is varied, encompassing major integrated oil corporations, government-owned national oil enterprises, and independent oil and gas companies. As of December 31, 2021, the company oversaw an active fleet of 23 jack-up drilling units. Established in 2016, the entity was initially named Magni Drilling Limited before adopting its current designation, Borr Drilling Limited, in December of the same year. The corporate headquarters for Borr Drilling Limited are situated in Hamilton, Bermuda.

Sector: Energy · Industry: Oil & Gas Drilling

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap175.9% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

1.2B

Price

$4.66

Sector

Energy

Industry

Oil & Gas Drilling

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Frequently Asked Questions

Is Borr Drilling Limited (BORR) halal to invest in?

Borr Drilling Limited (BORR) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Borr Drilling Limited get a F compliance rating?

Borr Drilling Limited (BORR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 175.9% (limit 30%); interest-bearing deposits of 31.1% (limit 30%); prohibited income of 0.36% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Borr Drilling Limited's Shariah verdict?

Borr Drilling Limited's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Borr Drilling Limited re-screened for Shariah compliance?

Borr Drilling Limited (BORR) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.