CNQ — Canadian Natural Resources Ltd.
Permissible business (oil and gas production); carries debt typical of capital-intensive energy projects.
Why?
Canadian Natural Resources' core business — extracting and selling oil and natural gas — is a permissible commodity business. Like most large energy producers it carries meaningful debt to finance capital-intensive projects, which is worth verifying against current filings.
How this was screened
Primary basis: Financial-ratio screen.
References
- Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).
As of: 2026-09-06
This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.