What is Baytex Energy Corp.'s Shariah compliance score?

Baytex Energy Corp. (BTE) has a Shariah compliance score of 82/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Baytex Energy Corp. pass AAOIFI screening?

Baytex Energy Corp. (BTE) passes 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% (BTE: 2.3%), (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 Baytex Energy Corp. 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 Baytex Energy Corp. (BTE) using the latest financial data.

Where can I screen Baytex Energy Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Baytex Energy Corp. (BTE) 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 BTE's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BTE: Is Baytex Energy Corp. Halal?

Baytex Energy Corp.

NYSEEnergyCA

$4.37

+1.86%

Market Cap: 3.3B

Compliance Status

Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Very Good

82Score

Is Baytex Energy Corp. (BTE) halal? Halal. Based on AAOIFI screening, Baytex Energy Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Quote this verdict

HalalScreener rates Baytex Energy Corp. (BTE) Halal, 82/100, grade A under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/BTE

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

2.3% of 30.0% limit

What this means for you

You can own BTE

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened BTE's prohibited income, but the exact share you would need to purify is part of Pro.

About Baytex Energy Corp.

Baytex Energy Corp., an energy enterprise established in 1993 and headquartered in Calgary, Canada, focuses on the exploration, development, and extraction of crude oil and natural gas resources. The company's operational footprint extends across key North American regions, specifically within the Western Canadian Sedimentary Basin and the Eagle Ford shale play in the United States. Baytex delivers a diverse portfolio of hydrocarbon products, which includes various grades of oil such as light oil, condensate, and heavy oil, alongside natural gas liquids and natural gas. Its significant asset holdings comprise the Eagle Ford property in Texas; the Viking and Lloydminster fields spanning Alberta and Saskatchewan; and the Peace River and Duvernay areas, both situated in Alberta.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Halalnow
since Aug 2026
Doubtful
until the change above
Not Halal
until the change above
Doubtful
until the change above
Not Halal
until the change above
Doubtful
until the change above

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Baytex Energy Corp. (BTE) halal to invest in?

Based on AAOIFI Standard 21 screening, Baytex Energy Corp. (BTE) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Baytex Energy Corp. get a A compliance rating?

Baytex Energy Corp. (BTE) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Baytex Energy Corp.'s Shariah verdict?

Baytex Energy Corp.'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 Baytex Energy Corp. re-screened for Shariah compliance?

Baytex Energy Corp. (BTE) 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 31, 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.