Liberty Energy Inc.

LBRT: Is Liberty Energy Inc. Halal?

Liberty Energy Inc.

NYSEEnergyUS

$22.24

+1.04%

Market Cap: 3.6B

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Liberty Energy Inc. (LBRT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/LBRT

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%.

39.4% of 30.0% limit

What this means for you

Most scholars advise not holding LBRT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Liberty Energy Inc.

Liberty Energy Inc. operates across North America, delivering crucial hydraulic fracturing and wireline services, along with associated products, to land-based companies focused on oil and natural gas exploration and production. Its extensive service portfolio encompasses specialized hydraulic fracturing pressure pumping, including both general pressure pumping and pumpdown perforating services. The company also provides advanced wireline solutions, efficient proppant delivery systems, sophisticated data analytics, and a variety of related technologies and supplies. Further augmenting its capabilities, Liberty Energy owns and operates two sand mines strategically located in the prolific Permian Basin. As of the close of 2021, the company maintained approximately 30 active frac fleets. Liberty Energy's primary operational focus is centered in major North American unconventional resource plays, including the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin. Originally founded in 2011 as Liberty Oilfield Services Inc., the company officially adopted its current name, Liberty Energy Inc., in April 2022. Its corporate headquarters are situated in Denver, Colorado.

Sector: Energy · Industry: Oil & Gas Equipment & Services

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Energy

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Frequently Asked Questions

Is Liberty Energy Inc. (LBRT) halal to invest in?
Liberty Energy Inc. (LBRT) 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 Liberty Energy Inc. get a F compliance rating?
Liberty Energy Inc. (LBRT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 39.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Liberty Energy Inc.'s Shariah verdict?
Liberty 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 Liberty Energy Inc. re-screened for Shariah compliance?
Liberty Energy Inc. (LBRT) 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 2, 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.