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Shariah compliance overview

Not Halal

Occidental Petroleum Corporation (OXY) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Occidental Petroleum Corporation

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing.

Occidental Petroleum Corporation (OXY) operates in the Energy sector, in the Oil & Gas Exploration & Production industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
1.00%Limit 5%Pass
Interest-bearing debt
44.65%Limit 30%Fail
Interest-bearing securities and assets
3.94%Limit 30%Pass
Dividend purification
1.00%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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Frequently asked questions

Quick answers about Occidental Petroleum Corporation (OXY). Current Akinda screening label: Not Halal.