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

Baytex Energy Corp.'s (BTE) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Baytex Energy Corp. pass AAOIFI screening?

Baytex Energy Corp. (BTE) 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% (BTE: 4.0%), (3) interest-bearing deposits below 30% (BTE: 32.4%), and (4) prohibited income below 5% (BTE: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Baytex Energy Corp. stock?

Baytex Energy Corp. (BTE) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BTE shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation 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 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. 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

$4.15

+3.49%

Market Cap: 3.0B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Baytex Energy Corp. (BTE) halal? Not Halal. Based on AAOIFI screening, Baytex Energy Corp. 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

Well clear of the limit

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

4.0% of 30.0% limit

What this means for you

Most scholars advise not holding BTE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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 Jul 16, 2026

Compliance History

Not Halalnow
since Jun 2026
Doubtful
until the change above

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Energy

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

0091.KLA+

Propel Global Bhd

$0.08

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.87

+0.01%

0193.KLA+

Kinergy Advancement Bhd

$0.39

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$2.98

-0.01%

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Frequently Asked Questions

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

Baytex Energy Corp. (BTE) 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 Baytex Energy Corp. get a F compliance rating?

Baytex Energy Corp. (BTE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.0% (limit 30%); interest-bearing deposits of 32.4% (limit 30%); prohibited income of 0.00% (limit 5%). 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: Jul 16, 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.