What is Kolibri Global Energy Inc.'s Shariah compliance score?

Kolibri Global Energy Inc. (KGEI) has a Shariah compliance score of 80/100 (Grade: A, Very Good). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Kolibri Global Energy Inc. pass AAOIFI screening?

Kolibri Global Energy Inc. (KGEI) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. KGEI's debt-to-market-cap is 22.7%.

How much purification is needed for Kolibri Global Energy Inc.?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Kolibri Global Energy Inc. (KGEI) using the latest financial data.

Where can I screen Kolibri Global Energy Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Kolibri Global Energy Inc. (KGEI) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

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Is Kolibri Global Energy (KGEI) Stock Halal?

Compliance Status

Halal

Screened on Nov 13, 2026 · AAOIFI Standard 21

Very Good

80Score

Is Kolibri Global Energy Inc. (KGEI) halal? Halal. Based on AAOIFI screening, Kolibri Global Energy Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

Quote this verdict

HalalScreener rates Kolibri Global Energy Inc. (KGEI) Halal, 80/100, grade A under AAOIFI Standard 21, screened Nov 13, 2026. Source: https://halalscreener.app/en/stock/KGEI

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

22.7% 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.

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Screened according to AAOIFI Standard 21

What this means for you

You can own KGEI

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

Purification amount is Pro

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

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KGEI

Kolibri Global Energy Inc.

NASDAQEnergyUS

$5.56

+2.39%

Market Cap: 199.8M

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About Kolibri Global Energy Inc.

Headquartered in Thousand Oaks, California, Kolibri Global Energy Inc. is a U.S.-based company founded in 2008. The firm actively participates in the entire lifecycle—from discovery and development to extraction and commercialization—of crude oil, natural gas, and natural gas liquids, alongside clean and sustainable energy solutions throughout the United States. The organization began operating under its current name in November 2020, having previously been known as BNK Petroleum Inc.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 13, 2026

AI Compliance InsightProSee plans

Revenue BreakdownProSee plans

Compliance History

Halalnow
since Aug 2026
Doubtful
until the change above

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

Fiscal: Q2 2026Data source: FMP

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Frequently Asked Questions

Is Kolibri Global Energy Inc. (KGEI) halal to invest in?

Based on AAOIFI Standard 21 screening, Kolibri Global Energy Inc. (KGEI) is rated Halal with a compliance grade of A (Very 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 Kolibri Global Energy Inc. get a A compliance rating?

Kolibri Global Energy Inc. (KGEI) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.7% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Kolibri Global Energy Inc.'s Shariah verdict?

Kolibri Global Energy Inc.'s verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Kolibri Global Energy Inc. re-screened for Shariah compliance?

Kolibri Global Energy Inc. (KGEI) is screened from the latest financial statements on record, currently those for fiscal Q2 2026. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 13, 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.