No. As of September 2026, Ecopetrol SA (ECHA.SG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ecopetrol SA does not pass Musaffa's business and financial screening criteria.
Ecopetrol SA engages in the exploration, development, and production of crude oil and natural gas. The firm operates in Colombia, Peru, Brazil and the United States Gulf Coast. The firm's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The firm's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The firm's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The firm's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The firm's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The firm also owns and operates two other minor refineries: Orito and Apiay.
Ecopetrol SA ECHA.SG
€15.45 €0.05 (0.32%) 1D
Last Updated: Sep 11, 12:00 AM·XSTU
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ECHA.SG Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Ecopetrol SA is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Ecopetrol SA (ECHA.SG) Chart
Financial Metrics & Statements of Ecopetrol SA (ECHA.SG)
FAQ's for Ecopetrol SA (ECHA.SG)
As of September 2026, Ecopetrol SA ECHA.SG is classified as not 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 Ecopetrol SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Ecopetrol SA 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 Ecopetrol SA 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 Ecopetrol SA 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 Ecopetrol SA 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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