Is EOG Resources, Inc. (EOG) Stock Halal or Haram?
EOG Resources, Inc. (EOG) - Halal (Shariah-Compliant)
EOG Resources, Inc. (EOG) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
Sector
Energy
Industry
Oil & Gas E&P
Result
Pass
Reason
The sector "Energy" and industry "Oil & Gas E&P" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 15.0% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 8.9% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.9% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.93%.Based on the company's financial statements, approximately 0.93% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.93% of total income). Some scholars may differ on the exact calculation method.
About EOG Resources, Inc.
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
Frequently Asked Questions
Is EOG Resources, Inc. (EOG) stock halal to invest in?
According to AAOIFI Shariah screening standards, EOG Resources, Inc. (EOG) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does EOG Resources, Inc. have any interest income?
Identified interest income is 0.9% of EOG Resources, Inc.'s total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if EOG stock is Shariah-compliant?
Based on the company's financial statements, approximately 0.93% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.93% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About EOG Resources, Inc.
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
United StatesNYSEEnergy
Screened using AAOIFI Standard No. 21 on October 19, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Mar 2, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, EOG Resources, Inc. (EOG) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Identified interest income is 0.9% of EOG Resources, Inc.'s total income. AAOIFI standards require non-permissible income to be below 5%.
EOG is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
EOG Resources, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
Watch EOG free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Approximately 0.93% of dividend income from EOG Resources, Inc. comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
EOG is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is EOG Resources, Inc. stock reviewed for Shariah compliance?
EOG Resources, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on EOG Resources, Inc.'s compliance status?
Watch EOG free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Are dividends from EOG Resources, Inc. stock considered halal?
Approximately 0.93% of dividend income from EOG Resources, Inc. comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Do I need to pay Zakat on my EOG Resources, Inc. shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
