Back to home
XOM logo

Is XOM (Exxon Mobil Corporation) Halal or Haram?

New York Stock ExchangeEnergyOil & Gas Integrated$636.08B2026-02-24
XOM is Halal4/4 screens passed

Business activity is permissible. Debt/Market Cap: 6.8% (threshold: ≤33%) — PASS. Interest Income: 0.00% of revenue (threshold: ≤5%) — PASS. Cash & Securities/Market Cap: 1.7% (threshold: ≤33%) — PASS.

Shariah Screening Details for XOM

Business Activity

Permissible

Core business (Oil & Gas Integrated) is permissible under shariah.

Debt / Market Cap

6.84%

Debt: $43.54BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

1.68%

Cash: $10.68BThreshold: ≤33%

About Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas.

CEO

Darren W. Woods

Employees

61,000

IPO Date

1978-01-13

Headquarters

Irving, TX, US

XOM Key Financial Statistics

Revenue

$323.90B

Net Income

$28.84B

EPS (Diluted)

$6.70

Stock Price

150.83

Beta

0.36

52-Week Range

97.8-156.93

Total Debt

$43.54B

Total Equity

$259.39B

Current Ratio

1.15

XOM Financial Health & Profitability

Profit Margins

Gross Margin21.7%
Operating Margin10.5%
Net Margin8.9%

Revenue Growth (YoY)

-4.5%

Prior year: $339.25B

Net Debt

$32.86B

Cash: $10.68B — Debt: $43.54B

Frequently Asked Questions About XOM

Is XOM (Exxon Mobil Corporation) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, XOM is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (6.84% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (1.68% vs ≤33% threshold).
What does Exxon Mobil Corporation do?
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas. Exxon Mobil Corporation operates in the Energy sector under the Oil & Gas Integrated industry and is headquartered in Irving, TX, US. The company is led by CEO Darren W. Woods and employs approximately 61,000 people.
What screening criteria were used for XOM?
XOM 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. XOM passed 4 of these 4 screens.
Does XOM require income purification?
XOM has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.
When was XOM last screened?
XOM was last screened on 2026-02-24. 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.

Disclaimer

This shariah compliance assessment for XOM (Exxon Mobil Corporation) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-02-24.

Other Halal Stocks in Energy