What is CNX Resources Corporation's Shariah compliance score?

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

Does CNX Resources Corporation pass AAOIFI screening?

CNX Resources Corporation (CNX) 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% (CNX: 52.4%), (3) interest-bearing deposits below 30% (CNX: 0.0%), and (4) prohibited income below 5% (CNX: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for CNX Resources Corporation stock?

CNX Resources Corporation (CNX) has a non-permissible income ratio of 0.30%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CNX 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 CNX Resources Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for CNX Resources Corporation (CNX) 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 CNX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CNX: Is CNX Resources Corporation Halal?

CNX Resources Corporation

NYSEEnergyUS

$32.64

-1.63%

Market Cap: 4.6B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is CNX Resources Corporation (CNX) halal? Not Halal. Based on AAOIFI screening, CNX Resources 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%.

52.4% of 30.0% limit

What this means for you

Most scholars advise not holding CNX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About CNX Resources Corporation

CNX Resources Corporation operates as an independent company primarily focused on natural gas and midstream activities. Its core business involves the acquisition, exploration, development, and production of natural gas properties, predominantly situated within the Appalachian Basin. The company's operations are structured into two distinct segments: Shale and Coalbed Methane. CNX is a producer and supplier of pipeline-grade natural gas, primarily serving wholesale customers. Its extensive asset portfolio includes significant natural gas extraction rights. Specifically, it holds mineral rights across: Approximately 526,000 net acres in the Marcellus Shale, located in Pennsylvania, West Virginia, and Ohio. Around 610,000 net acres within the Utica Shale. An additional 1,006,000 net acres encompassing other shale and shallow oil and gas formations throughout Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. Furthermore, CNX possesses rights for coalbed methane (CBM) extraction, covering roughly 282,000 net acres in Virginia's Central Appalachia region, alongside a vast 1,733,000 net CBM acres spread across West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. Beyond production, CNX manages a robust midstream infrastructure. This includes the design, construction, and operation of natural gas gathering systems, which transport gas from wellheads to major interstate pipelines or other local distribution points. Its owned and operated assets comprise approximately 2,600 miles of natural gas gathering pipelines and a suite of processing facilities. The company also provides comprehensive, turn-key water management solutions, covering sourcing, delivery, and disposal, both for its internal natural gas operations and for external clients. With a heritage dating back to its founding in 1860, CNX Resources Corporation is headquartered in Canonsburg, Pennsylvania. The company adopted its current name in November 2017, having previously operated as CONSOL Energy Inc.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 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:

0091.KLA+

Propel Global Bhd

$0.08

+0.00%

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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 CNX Resources Corporation (CNX) halal to invest in?

CNX Resources Corporation (CNX) 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 CNX Resources Corporation get a F compliance rating?

CNX Resources Corporation (CNX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 52.4% (limit 30%); interest-bearing deposits of 0.0% (limit 30%); prohibited income of 0.30% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change CNX Resources Corporation's Shariah verdict?

CNX Resources 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 CNX Resources Corporation re-screened for Shariah compliance?

CNX Resources Corporation (CNX) 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 18, 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.