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Is Chevron Corporation (CVX) halal?

NYSE · Energy — Oil & Gas
Compliant

Chevron Corporation is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 8.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 0% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation8.7%< 30%Within limit
Non-permissible income ÷ revenue0%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About Chevron Corporation

Chevron Corporation is a leading integrated energy company engaged in global operations across upstream, downstream, and other segments. Its Upstream segment focuses on the exploration, development, production, and transportation of crude oil and natural gas, including processing, liquefaction, regasification of liquefied natural gas, pipeline transportation, carbon capture and storage, and gas-to-liquids facilities. The Downstream segment refines crude oil into petroleum…

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Frequently asked questions

Is Chevron Corporation (CVX) halal?

Chevron Corporation is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 8.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 0% of revenue (limit 5%).

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of Chevron Corporation's dividends should be purified?

Sanad does not show a purification percentage for this company because its interest income is not reported or it is not a compliant company.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.