Is 2222.SR (Saudi Aramco) halal?

Q: Is 2222.SR (Saudi Aramco) halal?

HALAL: Oil company — core oil production business is permissible. Saudi Aramco is the world's largest oil company. Oil and gas production is not explicitly prohibited in Islamic law. Company is based in Saudi Arabia and adheres to certain Islamic business principles. Low debt, high dividends.

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2222.SR

Saudi Aramco

HALAL

Score: 82/100

stock

Is 2222.SR Halal?

Oil company — core oil production business is permissible.

What You Should Know

Saudi Aramco is the world's largest oil company. Oil and gas production is not explicitly prohibited in Islamic law. Company is based in Saudi Arabia and adheres to certain Islamic business principles. Low debt, high dividends.

⚠️ Concerns

•Environmental concerns under Islamic ethics
•Minor interest income

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