
Is Oil States International (OIS) stock Halal?
Oil States International, Inc. (OIS) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 99.73%. Tabadulat re-screens OIS monthly, and the status can change when new financial data arrives.
Oil States International is a leading oilfield services company that plays a crucial role in the global energy sector. The company primarily focuses on providing high-quality services and products related to drilling and extraction processes within the oil and gas industry. It operates through three main segments: Offshore/Manufactured Products, Well Site Services, and Downhole Technologies. Before any of that matters to a Muslim investor, one question comes first: is Oil States International stock Halal?
Is Oil States International Shariah compliant?
For a resources company like Oil States International, 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 Oil States International pass the business activity test?
Yes. In the September 2026 screening Oil States International holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is Oil States International's income Halal?
Yes, within AAOIFI's tolerance. Oil States International's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.73% tells holders of OIS what share of each dividend to keep and what remainder to donate to charity.
Does Oil States International meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has OIS re-screened every month, and the result above always shows the latest verdict.
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?



