BKV Corporation

BKV: Is BKV Corporation Halal?

BKV Corporation

NYSEEnergyUS

$25.95

+0.31%

Market Cap: 2.8B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

40.1% of 30.0% limit

What this means for you

Most scholars advise not holding BKV

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About BKV Corporation

BKV Corporation's business encompasses the entire natural gas and natural gas liquids (NGLs) value chain. The company focuses on acquiring, developing, and managing energy-producing assets, and also provides essential midstream services including the collection, processing, and transportation of natural gas. Founded in 2015, BKV Corporation is headquartered in Denver, Colorado, with additional offices strategically located in Tunkhannock, Pennsylvania, and Fort Worth, Texas. BKV Corporation, LLC operates as an affiliate under Banpu North America Corporation.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

  3. Not Halal

    until the change above

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

Fiscal: Q1 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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Frequently Asked Questions

Is BKV Corporation (BKV) halal to invest in?
BKV Corporation (BKV) 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 BKV Corporation get a F compliance rating?
BKV Corporation (BKV) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 40.1% (limit 30%); interest-bearing deposits of 8.8% (limit 30%); prohibited income of 0.27% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BKV Corporation's Shariah verdict?
BKV 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 BKV Corporation re-screened for Shariah compliance?
BKV Corporation (BKV) 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: Jul 19, 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.