Is XOM (Exxon Mobil Corp.) halal?

Q: Is XOM (Exxon Mobil Corp.) halal?

DOUBTFUL: Oil/gas is permissible but environmental harm raises Islamic ethics concerns. Fossil fuel extraction is not explicitly prohibited in Islamic law. However, some contemporary Islamic scholars raise concerns about environmental destruction (fasad fil-ard).

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XOM

Exxon Mobil Corp.

DOUBTFUL

Score: 60/100

stock

Is XOM Halal?

Oil/gas is permissible but environmental harm raises Islamic ethics concerns.

What You Should Know

Fossil fuel extraction is not explicitly prohibited in Islamic law. However, some contemporary Islamic scholars raise concerns about environmental destruction (fasad fil-ard).

⚠️ Concerns

•Environmental concerns under Islamic ethics
•Minor interest income

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