Montauk Renewables, Inc.

MNTK: Is Montauk Renewables, Inc. Halal?

Montauk Renewables, Inc.

NASDAQUtilitiesUS

$1.84

+1.38%

Market Cap: 261.2M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

48.2% of 30.0% limit

What this means for you

Most scholars advise not holding MNTK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Montauk Renewables, Inc.

Montauk Renewables, Inc. is a renewable energy enterprise specializing in the extraction and refinement of biogas sourced from landfills and other non-fossil fuel origins. Its operations are divided into two primary segments: Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects. These initiatives are designed to capture harmful methane emissions, preventing their release into the atmosphere, and convert them into either RNG or electrical power for distribution to the grid. Customers for its renewable natural gas (RNG) and renewable identification numbers (RINs) are diverse, encompassing long-term owner-operators of landfills and livestock farms, local utilities, and refiners within the natural gas and refining sectors. Established in 1980, the company maintains its corporate headquarters in Pittsburgh, Pennsylvania.

Sector: Utilities · Industry: Diversified Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Utilities

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Frequently Asked Questions

Is Montauk Renewables, Inc. (MNTK) halal to invest in?
Montauk Renewables, Inc. (MNTK) 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 Montauk Renewables, Inc. get a F compliance rating?
Montauk Renewables, Inc. (MNTK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 48.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Montauk Renewables, Inc.'s Shariah verdict?
Montauk Renewables, 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 Montauk Renewables, Inc. re-screened for Shariah compliance?
Montauk Renewables, Inc. (MNTK) 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.