Knife River Corporation

KNF: Is Knife River Corporation Halal?

Knife River Corporation

NYSEBasic MaterialsUS

$66.40

+0.73%

Market Cap: 3.8B

Compliance Status

Not Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Knife River Corporation (KNF) halal? Not Halal. Based on AAOIFI screening, Knife River Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Knife River Corporation (KNF) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/KNF

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

44.4% of 30.0% limit

What this means for you

Most scholars advise not holding KNF

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Knife River Corporation

Knife River Corporation is a U.S.-based entity focused on supplying aggregate-derived building materials and offering related contracting services. Its business activities are structured across six distinct operational segments: Pacific, Northwest, Mountain, North Central, South, and Energy Services. The company is involved in extracting, processing, and distributing crucial construction aggregates, including varieties of crushed stone, sand, and gravel. Additionally, it produces and sells both asphalt and ready-mix concrete. To support these core product lines, Knife River also performs various contracting tasks, such as heavy-civil construction, paving with asphalt and concrete, and comprehensive site development and grading work. Its primary clients are governmental bodies at the federal, state, and municipal levels, for whom it undertakes a wide range of public infrastructure initiatives. These projects often include highways, bridges, airports, educational facilities, public buildings, and other foundational community works. Founded in 1917, the organization is headquartered in Bismarck, North Dakota.

Sector: Basic Materials · Industry: Construction Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

  4. Doubtful

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

International Tower Hill Mines Ltd.
THMA+

International Tower Hill Mines Ltd.

$2.01

+1.01%

02
0205.KLA+

DPI Holdings Berhad

$0.10

+0.00%

03
0379.KLA+

PMW International Berhad

$0.24

+0.00%

03
0381.KLA+

Polymer Link Holdings Berhad

$0.20

+0.00%

03
0385.KLA+

BMS

$0.13

+0.00%

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Ecolab Inc.

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CTVA

Corteva, Inc.

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DD

DuPont de Nemours, Inc.

B+

DOW

Dow Inc.

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Frequently Asked Questions

Is Knife River Corporation (KNF) halal to invest in?
Knife River Corporation (KNF) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Knife River Corporation get a F compliance rating?
Knife River Corporation (KNF) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 44.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Knife River Corporation's Shariah verdict?
Knife River 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 Knife River Corporation re-screened for Shariah compliance?
Knife River Corporation (KNF) 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 30, 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.