Is Diamondback Energy Inc halal to invest in?

As of July 2026, Diamondback Energy Inc FANG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Diamondback Energy Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Diamondback Energy Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Diamondback Energy Inc?

Muslim investors may consider investing in Diamondback Energy Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Diamondback Energy Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Diamondback Energy Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Diamondback Energy Inc updated?

The Shariah compliance status of Diamondback Energy Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Diamondback Energy Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Diamondback Energy Inc?

You can check the latest Shariah compliance status of Diamondback Energy Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

FANG Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Diamondback Energy Inc is classified as not halal.

NOT HALAL

Report Source: 2026 1st Quarter Report

Diamondback Energy Inc. Stock Analysis FANG

United States Energy Large Cap Report: Q1, 2026

Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. The company is headquartered in Midland, Texas and currently employs 1,762 full-time employees. The company went IPO on 2012-10-17. The firm's activities are primarily directed at the horizontal development of the Wolfcamp and Spraberry formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin within the Permian Basin. Its subsidiary, Viper Energy, Inc., is focused on owning and acquiring mineral interests and royalty interests in oil and natural gas properties primarily in the Permian Basin and derives royalty income and lease bonus income from such interests. The firm has approximately 859,203 net acres, which primarily consists of 742,522 net acres in the Midland Basin and 116,681 net acres in the Delaware Basin. Its subsidiaries include Diamondback E&P LLC, Rattler Midstream GP LLC, Rattler Midstream LP and QEP Resources, Inc.

Key Statistics of Diamondback Energy Inc (FANG)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$202.23$204.96

Today's Open

$202.42

Volume

1.58M

P/E Ratio (TTM)

33.78

52 Week Range

$134.30$214.51

Market Cap

52.49B

Avg. Volume

2.15M

Dividend Yield

2.07%

Financial Metrics & Statements of Diamondback Energy Inc (FANG)

Super Investors Invested in Diamondback Energy Inc (FANG)

FAQ's for Diamondback Energy Inc (FANG)

As of July 2026, Diamondback Energy Inc FANG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Diamondback Energy Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Diamondback Energy Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Diamondback Energy Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Diamondback Energy Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Diamondback Energy Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.