
EGY: Is VAALCO Energy, Inc. Halal?
VAALCO Energy, Inc.
$4.93
-1.60%
Market Cap: 514.0M
Compliance Status
Halal
Screened on Jul 20, 2026 · AAOIFI Standard 21
Good
Is VAALCO Energy, Inc. (EGY) halal? Halal. Based on AAOIFI screening, VAALCO Energy, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 72/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own EGY
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
No purification owed
Based on the latest screening, none of its income comes from prohibited sources.
About VAALCO Energy, Inc.
VAALCO Energy, an independent oil and gas enterprise, focuses on the acquisition, exploration, development, and extraction of crude oil and natural gas resources. Its primary asset is the Etame production sharing contract, covering the offshore Etame Marin block situated off the coast of Gabon in West Africa. Furthermore, the company maintains stakes in an unexploited offshore block within Equatorial Guinea, also located in West Africa. Established in 1985, VAALCO Energy, Inc. operates from its headquarters in Houston, Texas.
Sector: Energy · Industry: Oil & Gas Exploration & Production
Shariah Compliance Status
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
More Energy Stocks
Track EGY and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is VAALCO Energy, Inc. (EGY) halal to invest in?
Why did VAALCO Energy, Inc. get a B+ compliance rating?
What could change VAALCO Energy, Inc.'s Shariah verdict?
How often is VAALCO Energy, Inc. re-screened for Shariah compliance?
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.