What is Ecopetrol S.A.'s Shariah compliance score?

Ecopetrol S.A.'s (EC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Ecopetrol S.A. pass AAOIFI screening?

Ecopetrol S.A. (EC) 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% (EC: 318203.6%), (3) interest-bearing deposits below 30% (EC: 36517.6%), and (4) prohibited income below 5% (EC: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Ecopetrol S.A. stock?

Ecopetrol S.A. (EC) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from EC 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 Ecopetrol S.A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ecopetrol S.A. (EC) 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 EC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

EC: Is Ecopetrol S.A. Halal?

Not Halal

Ecopetrol S.A.

NYSEEnergyCO

$15.98

-1.66%

AvoidBorderlineClean

About Ecopetrol S.A.

Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2021, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, South America, and internationally. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is based in Bogotá, Colombia.

Sector: Energy · Industry: Oil & Gas Integrated

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 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 Cap318203.6% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

32.9B

Price

$15.98

Sector

Energy

Industry

Oil & Gas Integrated

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0091.KLA+

Propel Global Bhd

$0.07

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.74

+0.00%

0193.KLA+

Kinergy Advancement Bhd

$0.39

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$2.99

+0.00%

More Energy Stocks

XOM

Exxon Mobil Corporation

A+

CVX

Chevron Corporation

A+

COP

ConocoPhillips

B+

SLB

SLB N.V.

EOG

EOG Resources, Inc.

OKE

ONEOK, Inc.

Free · No credit card required

Track EC and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Ecopetrol S.A. (EC) halal to invest in?

Ecopetrol S.A. (EC) 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 Ecopetrol S.A. get a F compliance rating?

Ecopetrol S.A. (EC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 318203.6% (limit 30%); interest-bearing deposits of 36517.6% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Ecopetrol S.A.'s Shariah verdict?

Ecopetrol S.A.'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 Ecopetrol S.A. re-screened for Shariah compliance?

Ecopetrol S.A. (EC) 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 18, 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.