Is Murphy Oil Corporation (MUR) halal? Doubtful. Based on AAOIFI screening, Murphy Oil Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 73/100 (Grade: B+).

MUR: Is Murphy Oil Corporation Halal?
DoubtfulMurphy Oil Corporation
$37.96
+1.74%
About Murphy Oil Corporation
Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. The company was incorporated in 1950 and is headquartered in Houston, Texas.
Sector: Energy 路 Industry: Oil & Gas Exploration & Production
Why This Stock Is Doubtful
- Debt is 25.1% of market cap, only 4.9 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Good
Good compliance with minor concerns
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Doubtfulnow
since Jun 2026
Halal
until the change above
Doubtful
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Financial Overview
Market Cap
5.4B
Price
$37.96
Sector
Energy
Industry
Oil & Gas Exploration & Production
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 路 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.