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Shariah compliance overview

Not Halal

SM Energy Company (SM) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About SM Energy Company

SM Energy Company is an independent firm dedicated to the exploration, development, acquisition, and production of oil, natural gas, and natural gas liquids. Its operations are exclusively concentrated within the state of Texas.

SM Energy Company (SM) 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
0.10%Limit 5%Pass
Interest-bearing debt
66.39%Limit 30%Fail
Interest-bearing securities and assets
8.81%Limit 30%Pass
Dividend purification
0.10%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 SM Energy Company (SM). Current Akinda screening label: Not Halal.