Is Energy Services of America (ESOA) Stock Halal?
Compliance Status
Doubtful
Screened on Nov 8, 2026 · AAOIFI Standard 21
Acceptable
Is Energy Services of America Corporation (ESOA) halal? Doubtful. Based on AAOIFI screening, Energy Services of America Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 68/100 (Grade: B).
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HalalScreener rates Energy Services of America Corporation (ESOA) Doubtful, 68/100, grade B under AAOIFI Standard 21, screened Nov 8, 2026. Source: https://halalscreener.app/en/stock/ESOA
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%.
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 may own ESOA, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened ESOA's prohibited income, but the exact share you would need to purify is part of Pro.
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ESOA
Energy Services of America Corporation
$9.08
Market Cap: 169.4M
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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
Why This Stock Is Doubtful
- Interest-bearing debt is 28.2% of market cap, only 1.8 points below the 30% AAOIFI limit.
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Oct 2026
Halal
until the change above
Not Halal
until the change above
Tracked since Aug 2026. Updates automatically on each re-screen.
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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.