What is Verde Clean Fuels, Inc.'s Shariah compliance score?

Verde Clean Fuels, Inc. (VGAS) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Verde Clean Fuels, Inc. pass AAOIFI screening?

Verde Clean Fuels, Inc. (VGAS) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. VGAS's debt-to-market-cap is 0.7%.

How much purification is needed for Verde Clean Fuels, Inc.?

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 percentage and amount for Verde Clean Fuels, Inc. (VGAS) using the latest financial data.

Where can I screen Verde Clean Fuels, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Verde Clean Fuels, Inc. (VGAS) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

VGASNot HalalF

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Compliance Status

Not Halal

Screened on Oct 8, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Verde Clean Fuels, Inc. (VGAS) halal? Not Halal. Based on AAOIFI screening, Verde Clean Fuels, 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 Verde Clean Fuels, Inc. (VGAS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/VGAS

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.7% of 30.0% limit

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding VGAS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

VGAS: Is Verde Clean Fuels, Inc. Halal?

Verde Clean Fuels, Inc.

NASDAQUtilitiesUS

$1.06

Market Cap: 47.2M

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About Verde Clean Fuels, Inc.

Verde Clean Fuels, Inc. is primarily engaged in providing gasoline and various other fuels, which it produces from either sustainable resources or natural gas. The company excels at transforming synthesis gas (syngas) — originating from diverse materials like biomass, municipal refuse, and assorted plastics, alongside natural gas (including synthetic natural gas and other fuel sources) — into gasoline utilizing its patented liquid fuels process. Established in 2007, Verde Clean Fuels, Inc. maintains its operations in Hillsborough, New Jersey.

Sector: Utilities · Industry: Renewable Utilities

Why this does not pass

Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 8, 2026

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Institutional-grade Shariah analysis

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PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

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

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

0011.KLA+

Brite-Tech Bhd

$0.28

-0.02%

3069.KLA+

Mega First Corporation Bhd

$2.89

+0.04%

5041.KLA+

PBA Holdings Bhd

$2.08

+0.00%

5209.KLA+

Gas Malaysia Bhd

$5.35

-0.01%

5264.KLA+

Malakoff Corporation Bhd

$0.80

+0.02%

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Frequently Asked Questions

Is Verde Clean Fuels, Inc. (VGAS) halal to invest in?

Verde Clean Fuels, Inc. (VGAS) 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 Verde Clean Fuels, Inc. get a F compliance rating?

Verde Clean Fuels, Inc. (VGAS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Verde Clean Fuels, Inc.'s Shariah verdict?

Verde Clean Fuels, 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 Verde Clean Fuels, Inc. re-screened for Shariah compliance?

Verde Clean Fuels, Inc. (VGAS) 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: Oct 8, 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.