Woodside Energy Group Ltd

WDS stock is not Shariah-compliant

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About Woodside Energy Group Ltd (WDS)

Woodside Energy Group Ltd is an international energy company that engages in the exploration, production, and sale of various hydrocarbons, including liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. The company has interests in numerous projects across Oceania, Asia, Canada, Africa, and other regions, and was formerly known as Woodside Petroleum Ltd before changing its name in 2022.

Frequently asked questions

Is Woodside Energy Group Ltd (WDS) stock halal to invest in?
As of , WDS is not Shariah-compliant and is therefore not considered a halal investment. This assessment is based on the data available in Woodside Energy Group Ltd's most recent financial reports.
Does Woodside Energy Group Ltd have any interest income?
Yes, Woodside Energy Group Ltd does have interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2025, Woodside Energy Group Ltd reported revenue of $12,984,000,000 and interest income of $259,271,583. The interest income represents 2% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Woodside Energy Group Ltd stock is Shariah-compliant?
We use the guidelines set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) to assess Shariah compliance. AAOIFI is a leading international organization that establishes standards for Islamic finance. Their guidelines help determine if a company's business activities and financial structure align with Islamic principles. These standards are widely respected in the Islamic finance industry and provide a consistent framework for evaluating the Shariah compliance of stocks and other financial instruments. AAOIFI's Shariah board includes renowned scholars such as Sheikh Muhammad Taqi Usmani, Sheikh Mohamed Ali Elgari, Sheikh Abdullah AlManea, Sheikh Nizam Yaquby, and Dr. Aznan Hassan.
How often is Woodside Energy Group Ltd stock reviewed for Shariah compliance?
The Shariah compliance status of Woodside Energy Group Ltd stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Woodside Energy Group Ltd's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of WDS, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Woodside Energy Group Ltd stock considered halal?
No, dividends from WDS are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Woodside Energy Group Ltd shares?
If you hold Woodside Energy Group Ltd stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on investments can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculator for stocks. For a more seamless experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

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