World Kinect Corporation

WKC: Is World Kinect Corporation Halal?

World Kinect Corporation

NYSEEnergyUS

$36.40

+1.25%

Market Cap: 1.9B

Compliance Status

Not Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is World Kinect Corporation (WKC) halal? Not Halal. Based on AAOIFI screening, World Kinect Corporation 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%.

36.7% of 30.0% limit

What this means for you

Most scholars advise not holding WKC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About World Kinect Corporation

World Kinect Corporation, together with its subsidiaries, operates as an energy management company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in three segments: Aviation, Land, and Marine. The Aviation segment supplies jet fuel, sustainable aviation fuel, aviation gasoline, and aviation fuel to commercial and international airlines, regional airlines, cargo carriers, airports, fixed-based operators, corporate fleets, charter and fractional operators, the U.S. and foreign governments, and military customers. This segment also provides fuel management; ground handling; dispatch services; and trip support services, such as flight planning and scheduling. The Land segment engages in the sale of liquid fuels, natural gas, and related products and services to commercial, industrial, residential, and government customers; and the transportation, manufacturing, mining, and construction industries, as well as retail fuel outlets under long-term contracts. The Marine segment markets fuel, lubricants, and related products and services to international container, dry bulk and tanker fleets, commercial cruise lines, yachts and time charter operators, the U.S. and foreign governments, and other fuel suppliers. This segment also provides marine fuel-related services, such as management services for the procurement of fuel, cost control, quality control, and claims management, as well as engages in the fueling of vessels in ports and at sea, and transportation and delivery of fuel and fuel-related products. The company was formerly known as World Fuel Services Corporation and changed its name to World Kinect Corporation in June 2023. World Kinect Corporation was incorporated in 1984 and is headquartered in Miami, Florida.

Sector: Energy · Industry: Oil & Gas Refining & Marketing

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Energy

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Frequently Asked Questions

Is World Kinect Corporation (WKC) halal to invest in?
World Kinect Corporation (WKC) 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 World Kinect Corporation get a F compliance rating?
World Kinect Corporation (WKC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 36.7% (limit 30%); interest-bearing deposits of 10.4% (limit 30%); prohibited income of 0.04% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change World Kinect Corporation's Shariah verdict?
World Kinect 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 World Kinect Corporation re-screened for Shariah compliance?
World Kinect Corporation (WKC) 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: Jul 15, 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.