
Is Baker Hughes (BKR) stock Halal?
September 2026 AAOIFI screening result for Baker Hughes Co. (BKR): non-permissible income, pass. Interest-bearing investments, fail. Interest-bearing debt, pass. Preference shares, pass. Baker Hughes Co. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Baker Hughes is a global energy technology provider that plays a critical role in the oil and gas sector. The company's primary function is to deliver integrated oilfield products, services, and digital solutions that optimize the development and management of hydrocarbon resources. With a comprehensive portfolio that includes drilling services, completion technologies, and innovative carbon reduction strategies, Baker Hughes serves a diverse range of clients, including oil and gas companies, both onshore and offshore. Before any of that matters to a Muslim investor, one question comes first: is Baker Hughes stock Halal?
Is Baker Hughes Shariah compliant?
For a resources company like Baker Hughes, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.
Does Baker Hughes pass the business activity test?
The activity screen is only part of the picture this month: Baker Hughes currently fails the interest-bearing investments screen, so the overall verdict is not compliant regardless of the business itself. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is Baker Hughes' income Halal?
Yes, within AAOIFI's tolerance. Baker Hughes' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Baker Hughes meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



