Shariah compliance overview
HalalObsidian Energy Ltd. (OBE) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Obsidian Energy Ltd.
Obsidian Energy Ltd. is primarily engaged in the discovery, extraction, and improvement of crude oil and natural gas assets throughout the Western Canada Sedimentary Basin. The company, formerly known as Penn West Petroleum Ltd., adopted its current name in June 2017.
Obsidian Energy Ltd. (OBE) operates in the Energy sector, in the Oil & Gas Exploration & Production industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.83% (limit 5%), interest-bearing debt is 25.40% (limit 30%) and interest-bearing securities and assets are 0.00% (limit 30%).
If you hold OBE, give 0.83% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 0.83%Limit 5%Pass
- Interest-bearing debt
- 25.40%Limit 30%Pass
- Interest-bearing securities and assets
- 0.00%Limit 30%Pass
- Dividend purification
- 0.83%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Company Profile
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Frequently asked questions
Quick answers about Obsidian Energy Ltd. (OBE). Current Akinda screening label: Halal.
