Is MPC (Marathon Petroleum Corporation) Halal or Haram?

Based on our AAOIFI-standard shariah screening, MPC is classified as Doubtful. It passed 3 of 4 compliance screens. Some scholars may permit investing with income purification, while others advise avoiding it. We recommend consulting a qualified Islamic scholar before investing in MPC.

Marathon Petroleum Corporation (MPC) is a leading integrated downstream energy company in the United States. It operates a vast network of refineries across the Gulf Coast, Mid-Continent, and West Coast, producing essential transportation fuels, heavy fuel oil, and asphalt. For Muslim investors, MPC currently holds a Doubtful shariah compliance status. While the company's core oil refining and marketing activities are perfectly halal, the stock fails the AAOIFI financial screening due to its high debt levels, meaning it cannot be recommended for a halal portfolio at this time. The primary concern from an Islamic finance perspective is MPC's debt-to-market capitalization ratio, which stands at an elevated 49.3%, breaching the strict 33% limit. On a positive note, the company's interest-bearing cash reserves and interest income are highly compliant, sitting comfortably at 5.3% and 0.12% respectively. Since the non-compliance stems entirely from market capitalization and debt fluctuations rather than haram business practices, Muslim investors should monitor MPC's balance sheet closely. If the company pays down its debt or experiences a significant surge in market value, it could easily cross back into halal territory. Marathon Petroleum Corporation operates in the Energy sector under the Oil & Gas Refining & Marketing industry and is headquartered in Findlay, OH, US. The company is led by CEO Maryann T. Mannen and employs approximately 18,300 people.

MPC was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. MPC passed 3 of these 4 screens.

MPC was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.