Is Ecopetrol SA halal to invest in?

As of July 2026, Ecopetrol SA ECOPETROL.BC 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.

Is Ecopetrol SA 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 Ecopetrol SA using these criteria to determine its compliance status.

Can Muslims buy shares of Ecopetrol SA?

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.

Why is Ecopetrol SA classified as NOT HALAL?

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.

How often is the Shariah compliance for Ecopetrol SA updated?

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

Can a halal stock like Ecopetrol SA 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 Ecopetrol SA?

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.

Ecopetrol SA ECOPETROL.BC

Last Updated: Mar 24, 12:00 AM·BVC

ECOPETROL.BC Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Ecopetrol SA is classified as not halal.

NOT HALAL

Report Source: 2025 Annual Report

Ecopetrol SA. Stock Analysis ECOPETROL.BC

Colombia Energy Large Cap Report: 2025 Annual

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.

Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!