Yes. As of September 2026, Borr Drilling Ltd (BORR.OL) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Borr Drilling Ltd passes Musaffa's business and financial screening criteria.
Borr Drilling Ltd. engages in the provision of offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership, contracting and operation of jack-up rigs for operations in shallow-water areas (in water depths up to approximately 400 feet), including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production customers. The company owns approximately 22 rigs with an additional two jack-up rigs. Its rigs include Skald, Groa, Idun, Thor, Norve, Gerd, Natt, Ran, Odin, Gersemi, Grid, Galar, Njord, Prospector 1, Saga, Prospector 5, Mist, Gunnlod, Frigg, Gyme, Arabia I, and Arabia II. The company operates oil-producing geographies throughout the world, including the North Sea, Mexico, West Africa, Southeast Asia, and the Middle East. The firm contracts its jack-up rigs primarily on a daily rate basis to drill wells for its customers.
Borr Drilling Ltd BORR.OL
$5.82 $50.30 (89.64%) 1D
Last Updated: Mar 05, 12:00 AM·LSE
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BORR.OL Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Borr Drilling Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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FAQ's for Borr Drilling Ltd (BORR.OL)
As of September 2026, Borr Drilling Ltd BORR.OL is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Borr Drilling Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Borr Drilling Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Borr Drilling Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Borr Drilling Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Borr Drilling Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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