What is SandRidge Energy, Inc.'s Shariah compliance score?

SandRidge Energy, Inc. (SD) has a Shariah compliance score of 70/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does SandRidge Energy, Inc. pass AAOIFI screening?

SandRidge Energy, Inc. (SD) passes 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% (SD: 0.0%), (3) interest-bearing deposits below 30% (SD: 21.5%), and (4) prohibited income below 5% (SD: 2.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for SandRidge Energy, Inc. stock?

SandRidge Energy, Inc. (SD) has a non-permissible income ratio of 2.43%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SD 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 SandRidge Energy, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for SandRidge Energy, Inc. (SD) 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 SD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is SandRidge Energy, Inc. (SD) halal? Halal. Based on AAOIFI screening, SandRidge Energy, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 70/100 (Grade: B+).

SD: Is SandRidge Energy, Inc. Halal?

Halal

SandRidge Energy, Inc.

NYSEEnergyUS

$15.23

+0.00%

AvoidBorderlineClean

Purify ~2.4% of income

About SandRidge Energy, Inc.

SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells; and operated approximately 368,000 net leasehold acres in Oklahoma and Kansas, as well as total estimated proved reserves of 71.3 million barrels of oil equivalent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

B+

Good

Good compliance with minor concerns

70Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above
Halal
until the change above
Not Halal
until the change above

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

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your SD Dividends

2.4% non-compliant income

SD has 2.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

562.3M

Price

$15.23

Sector

Energy

Industry

Oil & Gas Exploration & Production

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Frequently Asked Questions

Is SandRidge Energy, Inc. (SD) halal to invest in?

Based on AAOIFI Standard 21 screening, SandRidge Energy, Inc. (SD) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did SandRidge Energy, Inc. get a B+ compliance rating?

SandRidge Energy, Inc. (SD) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 21.5% (limit 30%); prohibited income of 2.43% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change SandRidge Energy, Inc.'s Shariah verdict?

SandRidge Energy, Inc.'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 SandRidge Energy, Inc. re-screened for Shariah compliance?

SandRidge Energy, Inc. (SD) 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.