Is Babcock & Wilcox Enterprises, Inc. (BW) halal? Halal. Based on AAOIFI screening, Babcock & Wilcox Enterprises, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).

Babcock & Wilcox Enterprises, Inc.

BW: Is Babcock & Wilcox Enterprises, Inc. Halal?

Halal

Babcock & Wilcox Enterprises, Inc.

NYSEIndustrialsUS

$15.86

+8.33%

Purify ~0.2% of income

About Babcock & Wilcox Enterprises, Inc.

Babcock & Wilcox Enterprises, Inc., known as BW, operates globally to deliver specialized solutions for energy generation and environmental emissions management through its subsidiaries. The company serves a wide array of international clients, including industrial facilities, electric power utilities, municipal organizations, and other commercial enterprises. Its operations are structured into three distinct divisions: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment concentrates on sustainable energy technologies. This encompasses systems for converting waste into energy, the construction and setup of solar projects, and the development of biomass energy solutions. It also supplies crucial black liquor systems for the pulp and paper industry. This division aims to provide advanced technologies that reroute waste from landfills for electricity production, replace fossil fuels with cleaner options, enable metal recovery, and significantly lower emissions. Secondly, the Babcock & Wilcox Environmental segment offers an extensive suite of cutting-edge technologies designed for pollution control and environmental safeguarding. These solutions cater to diverse applications, including power utilities, waste-to-energy plants, biomass operations, carbon black manufacturing, and industrial steam generation. Its comprehensive portfolio features systems for thermal cooling, ash handling, controlling fine particulate matter, mitigating nitrogen and sulfur oxide pollutants, utilizing chemical looping for carbon capture, and managing mercury discharges. Finally, the Babcock & Wilcox Thermal segment is dedicated to equipment and services related to steam generation. It furnishes steam-generating apparatus, replacement components for existing systems, and provides comprehensive construction, upkeep, and on-site support services for facilities within the power generation, oil and gas, and general industrial sectors. This division boasts a significant installed base of equipment that supports both public utilities and a broad spectrum of industrial applications, such as refining, petrochemical production, food processing, and metallurgy. Established in 1867, Babcock & Wilcox Enterprises, Inc. maintains its primary corporate offices in Akron, Ohio.

Sector: Industrials 路 Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
A

Very Good

Strong compliance across all metrics

81Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap20.3% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Screened: Jun 12, 2026Fiscal: Q1 2026Source: FMP

Purify Your BW Dividends

0.2% non-compliant income

BW has 0.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

1.8B

Price

$15.86

Sector

Industrials

Industry

Industrial - Machinery

Free 路 No credit card required

Track BW and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Babcock & Wilcox Enterprises, Inc. (BW) halal to invest in?
Based on AAOIFI Standard 21 screening, Babcock & Wilcox Enterprises, Inc. (BW) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Babcock & Wilcox Enterprises, Inc. get a A compliance rating?
Babcock & Wilcox Enterprises, Inc. (BW) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.3% (limit 30%); interest-bearing deposits of 1.6% (limit 30%); prohibited income of 0.16% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Babcock & Wilcox Enterprises, Inc.'s Shariah verdict?
Babcock & Wilcox Enterprises, 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 Babcock & Wilcox Enterprises, Inc. re-screened for Shariah compliance?
Babcock & Wilcox Enterprises, Inc. (BW) 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: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 路 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.