Is California Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, California Resources Corp (CRC) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is California Resources Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes California Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of California Resources Corp?

Muslim investors may consider investing in California Resources Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is California Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of California Resources Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for California Resources Corp updated?

The Shariah compliance status of California Resources Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like California Resources Corp become non-compliant?

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.

Where can I check the Shariah status of California Resources Corp?

You can check the latest Shariah compliance status of California Resources Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

CRC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 11, 2026

Report Source: 2026 1st Quarter Report

California Resources Corp. Stock Analysis CRC

United States Energy Mid Cap Report: Q1, 2026

California Resources Corp. is an independent energy and carbon management company, which engages in energy transition. The company is headquartered in Long Beach, California and currently employs 2,500 full-time employees. The company went IPO on 2014-11-13. The Company’s segments include Oil and Natural Gas and Carbon Management. Its Carbon Management business, Carbon TerraVault, focuses on building, installing, operating, and maintaining carbon dioxide equipment, transportation assets and storage facilities. The Oil and Natural Gas segment explores for, develops and produces crude oil, oil condensate, natural gas liquids and natural gas. The company has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. The company has interests in oil and gas fields throughout the San Joaquin basin, including in Elk Hills, Buena Vista, Coles Levee, North Belridge and South Belridge, Kern Front, Lost Hills, Cymric, McKittrick, Midway Sunset and Coalinga. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide. The firm is also focused on Uinta basin.

Key Statistics of California Resources Corp (CRC)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$59.38$61.68

Today's Open

$59.38

Volume

691.86K

P/E Ratio (TTM)

16.71

52 Week Range

$34.32$71.98

Market Cap

6.22B

Avg. Volume

849.42K

Dividend Yield

2.24%

Financial Metrics & Statements of California Resources Corp (CRC)

FAQ's for California Resources Corp (CRC)

According to Musaffa’s Shariah screening methodology, California Resources Corp (CRC) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.