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Shariah compliance overview

Not Halal

Phillips 66 (PSX) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Phillips 66

Phillips 66 operates as a diversified energy company, specializing in both manufacturing and logistics. Its comprehensive business model is structured across four primary segments: Midstream, Chemicals, Refining, and Marketing & Specialties (M&S).

Phillips 66 (PSX) operates in the Energy sector, in the Oil & Gas Refining & Marketing industry.

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

Business Activity
0.11%Limit 5%Pass
Interest-bearing debt
34.57%Limit 30%Fail
Interest-bearing securities and assets
1.81%Limit 30%Pass
Dividend purification
0.11%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 Phillips 66 (PSX). Current Akinda screening label: Not Halal.