
ESOA: Is Energy Services of America Corporation Halal?
Energy Services of America Corporation
$12.76
-3.55%
Market Cap: 238.1M
Compliance Status
Not Halal
Screened on Aug 12, 2026 · AAOIFI Standard 21
Non-Compliant
Is Energy Services of America Corporation (ESOA) halal? Not Halal. Based on AAOIFI screening, Energy Services of America Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding ESOA
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Energy Services of America Corporation
Energy Services of America Corporation (ESOA) delivers specialized contracting solutions to utility providers and energy-focused businesses throughout the United States. Its primary activities include the construction, replacement, and repair of both interstate and intrastate natural gas pipelines and their associated storage facilities, serving both public utility companies and private gas enterprises. Furthermore, ESOA provides a full spectrum of services for pipeline infrastructure, storage sites, and plant operations. Beyond its core gas infrastructure work, the company offers an extensive range of electrical and mechanical installation and maintenance services. These encompass substation and switchyard development, site preparation, equipment placement, pipe fabrication and fitting, packaged buildings, transformers, and other supplementary works. These diverse offerings cater to clients across the gas, petroleum power, chemical, water and sewer, and automotive sectors. ESOA's capabilities also extend to the development of liquid pipelines and pump stations, the construction of production facilities, and the installation of water and sewer pipelines. A broad array of maintenance and repair tasks, along with other specialized services related to pipeline construction, are also part of its comprehensive portfolio. The company's customer base is predominantly located in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky. Energy Services of America Corporation was founded in 2006 and is headquartered in Huntington, West Virginia.
Sector: Industrials · Industry: Engineering & Construction
Shariah Compliance Status
Compliance History
Not Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
Halal Alternatives in Industrials
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
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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.




