Is Oceaneering International, Inc. OII stock halal to invest in?

No, as of August 2026, Oceaneering International, Inc. stock (OII) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Oceaneering International, Inc. currently does not meet the threshold for the non-permissible income screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Oceaneering International, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Oceaneering International, Inc. OII reviewed for Shariah compliance?

Tabadulat reviews Oceaneering International, Inc. OII for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Oceaneering International, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Oceaneering International, Inc. OII pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Oceaneering International, Inc. stock (OII) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Oceaneering International, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Oceaneering International, Inc. OII pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Oceaneering International, Inc. stock (OII) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Oceaneering International, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Oceaneering International, Inc. OII pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Oceaneering International, Inc. stock (OII) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Oceaneering International, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Oceaneering International, Inc. OII stock?

Oceaneering International, Inc. (OII) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Oceaneering International, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Oceaneering International, Inc. OII pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Oceaneering International, Inc. stock (OII) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Oceaneering International, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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English

العربية

Oceaneering International, Inc.

NYSE

Shariah-Compliant

Not Shariah

OII

About

Oceaneering International, Inc.

OII

Oceaneering International, Inc. is a diversified oilfield services company specializing in engineered services and products primarily for the offshore energy industry. Its core objective is to support the safe and efficient extraction of oil, gas, and renewable resources from underwater environments. A significant portion of its offerings is centered around remotely operated vehicles (ROVs), which are crucial for subsea exploration and construction tasks. Oceaneering also provides services such as asset integrity management, remotely operated vehicles, manned diving, and mobile offshore production systems. In addition to energy, the company caters to sectors like defense and aerospace, where its expertise in robotics and deep-sea operations are highly valued. Founded in 1964 and headquartered in Houston, Texas, Oceaneering has developed a global presence. It plays a pivotal role in the technology-driven side of offshore engineering, offering solutions that address complex operational challenges in challenging marine environments. Through its integration of advanced technology and specialized equipment, Oceaneering enhances oil and gas production efficiency and safety, while also expanding its impact into burgeoning markets like subsea mining and renewable energy.

Sector:

Energy

Industry:

Oil & Gas Equipment & Services

Employees:

10400

Website:

https://www.oceaneering.com

OII

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Oceaneering International, Inc.

About

Oceaneering International, Inc.

OII

Frequently asked questions

Is Oceaneering International, Inc. OII stock halal to invest in?

How often is Oceaneering International, Inc. OII reviewed for Shariah compliance?

Does Oceaneering International, Inc. OII pass the AAOIFI Non Permissible Income criteria?

Does Oceaneering International, Inc. OII pass the AAOIFI Interest Bearing Investments criteria?

Does Oceaneering International, Inc. OII pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Oceaneering International, Inc. OII stock?

Does Oceaneering International, Inc. OII pass the AAOIFI Preference Share screen?

Can I buy Oceaneering International (OII) stock on Tabadulat?

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