Is OKE (ONEOK Inc.) halal?

Q: Is OKE (ONEOK Inc.) halal?

DOUBTFUL: Natural gas midstream — high debt, pipeline business. ONEOK operates natural gas pipelines. Core infrastructure is permissible. Very high debt from pipeline acquisition.

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OKE

ONEOK Inc.

DOUBTFUL

Score: 55/100

stock

Is OKE Halal?

Natural gas midstream — high debt, pipeline business.

What You Should Know

ONEOK operates natural gas pipelines. Core infrastructure is permissible. Very high debt from pipeline acquisition.

⚠️ Concerns

•Very high debt
•Interest payments

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