CVR Energy, Inc.

CVI: Is CVR Energy, Inc. Halal?

CVR Energy, Inc.

NYSEEnergyUS

$41.76

+5.03%

Market Cap: 4.2B

Compliance Status

Not Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates CVR Energy, Inc. (CVI) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/CVI

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%.

40.5% of 30.0% limit

What this means for you

Most scholars advise not holding CVI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About CVR Energy, Inc.

CVR Energy, Inc., a diversified company, operates through its subsidiaries primarily focusing on petroleum refining and the production of nitrogen fertilizers within the United States. Its business is organized into two distinct divisions: Petroleum and Nitrogen Fertilizer. The Petroleum segment is responsible for processing crude oil into marketable products such as gasoline, diesel fuel, and various other refined fuels, which it then distributes. This division manages and operates a sophisticated coking refinery in southeast Kansas, designed to handle medium-sour crude, alongside another crude oil processing facility located in Wynnewood, Oklahoma. Crucial logistical infrastructure also supports these operations. The primary clientele for this segment includes retail outlets, railway companies, agricultural cooperatives, and other refiners or marketers. The Nitrogen Fertilizer division encompasses a North American production facility that utilizes a pet coke gasification process to convert pet coke into nitrogen-based fertilizers. Furthermore, it operates a facility in East Dubuque, Illinois, which specializes in manufacturing nitrogen fertilizers in the form of both ammonia and urea ammonium nitrate (UAN). UAN products are predominantly supplied to the agricultural sector, while ammonia finds application in both farming and diverse industrial settings. Established in 1906, the firm's corporate headquarters are situated in Sugar Land, Texas. CVR Energy, Inc. ultimately functions as a subsidiary of Icahn Enterprises L.P.

Sector: Energy · Industry: Oil & Gas Refining & Marketing

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 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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Frequently Asked Questions

Is CVR Energy, Inc. (CVI) halal to invest in?
CVR Energy, Inc. (CVI) 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 CVR Energy, Inc. get a F compliance rating?
CVR Energy, Inc. (CVI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 40.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change CVR Energy, Inc.'s Shariah verdict?
CVR Energy, Inc.'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 CVR Energy, Inc. re-screened for Shariah compliance?
CVR Energy, Inc. (CVI) 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.