What is Battalion Oil Corporation's Shariah compliance score?

Battalion Oil Corporation's (BATL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Battalion Oil Corporation pass AAOIFI screening?

Battalion Oil Corporation (BATL) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BATL: 563.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Battalion Oil Corporation stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Battalion Oil Corporation (BATL) using the latest financial data.

Where can I screen Battalion Oil Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Battalion Oil Corporation (BATL) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BATL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BATL: Is Battalion Oil Corporation Halal?

Battalion Oil Corporation

AMEXEnergyUS

$1.31

-2.24%

Market Cap: 28.8M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Battalion Oil Corporation (BATL) halal? Not Halal. Based on AAOIFI screening, Battalion Oil Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

563.4% of 30.0% limit

What this means for you

Most scholars advise not holding BATL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Battalion Oil Corporation

Battalion Oil Corporation functions as an autonomous energy enterprise, primarily focused on the acquisition, exploration, extraction, and enhancement of crude oil and natural gas deposits located on land throughout the United States. As of the close of 2021, the company maintained holdings across 40,400 net acres within Texas's Delaware Basin, encompassing Pecos, Reeves, Ward, and Winkler counties. At that same point, its audited proven reserves were calculated at roughly 95.9 million barrels of oil equivalent. This figure comprised 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 125.0 billion cubic feet of natural gas. Initially established in 1987 and based in Houston, Texas, the company rebranded as Battalion Oil Corporation in January 2020, having previously operated under the name Halcón Resources Corporation.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Propel Global Bhd

$0.07

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Trive Property Group Bhd

$0.02

+0.00%

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BM Greentech Bhd

$1.66

+0.02%

0193.KLA+

Kinergy Advancement Bhd

$0.43

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$3.03

-0.00%

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Free · No credit card required

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Frequently Asked Questions

Is Battalion Oil Corporation (BATL) halal to invest in?

Battalion Oil Corporation (BATL) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Battalion Oil Corporation get a F compliance rating?

Battalion Oil Corporation (BATL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 563.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Battalion Oil Corporation's Shariah verdict?

Battalion Oil Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Battalion Oil Corporation re-screened for Shariah compliance?

Battalion Oil Corporation (BATL) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.