Is Occidental Petroleum Corp halal to invest in?

As of August 2026, Occidental Petroleum Corp OXYP.VI 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 Occidental Petroleum 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 Occidental Petroleum Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Occidental Petroleum Corp?

Muslim investors may consider investing in Occidental Petroleum 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 Occidental Petroleum Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Occidental Petroleum 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 Occidental Petroleum Corp updated?

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

Can a halal stock like Occidental Petroleum 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 Occidental Petroleum Corp?

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

Occidental Petroleum Corp OXYP.VI

Last Updated: Aug 07, 12:00 AM·WBAG

OXYP.VI Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, Occidental Petroleum Corp is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Occidental Petroleum Corp. Stock Analysis OXYP.VI

Austria Energy Large Cap

Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. The company is headquartered in Houston, Texas and currently employs 10,412 full-time employees. The firm is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. Its segments include oil and gas, and midstream and marketing. The oil and gas segment explores for, develops, and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The firm's midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. The company also optimizes its transportation and storage capacity and invests in entities that conduct similar activities. This segment also includes low-carbon venture businesses.