Is Phillips 66 halal to invest in?

As of August 2026, Phillips 66 PSXC.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 Phillips 66 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 Phillips 66 using these criteria to determine its compliance status.

Can Muslims buy shares of Phillips 66?

Muslim investors may consider investing in Phillips 66 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 Phillips 66 classified as NOT HALAL?

Musaffa determines the Shariah status of Phillips 66 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 Phillips 66 updated?

The Shariah compliance status of Phillips 66 may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Phillips 66 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 Phillips 66?

You can check the latest Shariah compliance status of Phillips 66 on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Phillips 66 PSXC.VI

Last Updated: Aug 07, 12:00 AM·WBAG

PSXC.VI Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, Phillips 66 is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Phillips 66. Stock Analysis PSXC.VI

Austria Energy Large Cap

Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company is headquartered in Houston, Texas and currently employs 12,600 full-time employees. The company went IPO on 2012-04-12. The firm's Midstream segment provides crude oil and refined petroleum product transportation, terminating and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services. Its Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC, which manufactures and markets petrochemicals and plastics on a worldwide basis. Its Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates, including aviation fuels. Its Marketing and Specialties segment purchases for resale and markets refined products, mainly in the United States and Europe. Its Renewable Fuels segment processes renewable feedstocks into renewable products at the Rodeo Renewable Energy Complex and at its Humber Refinery.