Energy Services of America Corporation

ESOA: Is Energy Services of America Corporation Halal?

Energy Services of America Corporation

NASDAQIndustrialsUS

$11.12

Market Cap: 207.5M

Compliance Status

Halal

Screened on Sep 26, 2026 · AAOIFI Standard 21

B+

Good

75Score

Is Energy Services of America Corporation (ESOA) halal? Halal. Based on AAOIFI screening, Energy Services of America Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 75/100 (Grade: B+).

Quote this verdict

HalalScreener rates Energy Services of America Corporation (ESOA) Halal, 75/100, grade B+ under AAOIFI Standard 21, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/ESOA

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

21.8% of 30.0% limit
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

What this means for you

You can own ESOA

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened ESOA's prohibited income, but the exact share you would need to purify is part of Pro.

Get an email if ESOA's halal status changes

We re-screen Energy Services of America Corporation daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

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

AAOIFI Standard 21Updated Sep 26, 2026

Want to check the math yourself?

The verdict above is final and free. Pro members can verify every ratio behind it: interest-bearing deposits, prohibited income breakdown, and the full math.

Free for 7 days. Cancel anytime.

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

See why ESOA is rated Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

Compliance History

  1. Halalnow

    since Aug 2026

  2. Not Halal

    until the change above

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

Fiscal: Q3 2026Data source: EDGAR
Free · No credit card required

Track ESOA and 8,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Energy Services of America Corporation (ESOA) halal to invest in?
Based on AAOIFI Standard 21 screening, Energy Services of America Corporation (ESOA) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Energy Services of America Corporation get a B+ compliance rating?
Energy Services of America Corporation (ESOA) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Energy Services of America Corporation's Shariah verdict?
Energy Services of America 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 Energy Services of America Corporation re-screened for Shariah compliance?
Energy Services of America Corporation (ESOA) 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: Sep 26, 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.