Is Phillips 66 (PSX) halal?
Phillips 66 is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 20% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.1% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 20% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.1% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.1% of Phillips 66's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.1% of each dividend. Open the full analysis for the amount per share.
About Phillips 66
Phillips 66 is an integrated energy manufacturing and logistics company focused on refining, transporting, storing, and marketing fuel and related products. Its current operations span Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels, creating a diversified platform across the energy value chain. Phillips 66 processes crude oil and other feedstocks into transportation fuels such as gasoline, diesel, and aviation fuel, while also handling…
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Frequently asked questions
Is Phillips 66 (PSX) halal?
Phillips 66 is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 20% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.1% 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 Phillips 66's dividends should be purified?
About 0.1% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
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 2026-09-15.