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

Kolibri Global Energy Inc. (KGEI) has a Shariah compliance score of 77/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Kolibri Global Energy Inc. pass AAOIFI screening?

Kolibri Global Energy Inc. (KGEI) partially passes with caution AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (KGEI: 26.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

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 exact 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 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about KGEI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

KGEI: Is Kolibri Global Energy Inc. Halal?

Kolibri Global Energy Inc.

NASDAQEnergyUS

$5.43

+1.88%

Market Cap: 193.5M

Compliance Status

Doubtful

Screened on Aug 12, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Kolibri Global Energy Inc. (KGEI) halal? Doubtful. Based on AAOIFI screening, Kolibri Global Energy Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 77/100 (Grade: B+).

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%.

26.1% of 30.0% limit

What this means for you

You may own KGEI, 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 KGEI's prohibited income, but the exact share you would need to purify is part of Pro.

See what I owe (free for 7 days)

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

Why This Stock Is Doubtful

Debt is 26.1% of market cap, only 3.9 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

AAOIFI Standard 21Updated Aug 12, 2026

Compliance History

Doubtful, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

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

Kolibri Global Energy Inc. (KGEI) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Kolibri Global Energy Inc. get a B+ compliance rating?

Kolibri Global Energy Inc. (KGEI) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 26.1% (limit 30%). 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 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 Kolibri Global Energy Inc. re-screened for Shariah compliance?

Kolibri Global Energy Inc. (KGEI) 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: Aug 12, 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.