Kolibri Global Energy Inc.

KGEI: Is Kolibri Global Energy Inc. Halal?

Kolibri Global Energy Inc.

NASDAQEnergyUS

$6.35

Market Cap: 226.3M

Compliance Status

Halal

Screened on Sep 25, 2026 · AAOIFI Standard 21

A

Very Good

83Score

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 83/100 (Grade: A).

Quote this verdict

HalalScreener rates Kolibri Global Energy Inc. (KGEI) Halal, 83/100, grade A under AAOIFI Standard 21, screened Sep 25, 2026. Source: https://halalscreener.app/en/stock/KGEI

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%.

19.4% of 30.0% limit
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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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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 Sep 25, 2026

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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. 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 19.4% (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: Sep 25, 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.