What is Greenfire Resources Ltd.'s Shariah compliance score?

Greenfire Resources Ltd. (GFR) has a Shariah compliance score of 90/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Greenfire Resources Ltd. pass AAOIFI screening?

Greenfire Resources Ltd. (GFR) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (GFR: 1.5%), (3) interest-bearing deposits below 30% (GFR: 10.5%), and (4) prohibited income below 5% (GFR: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Greenfire Resources Ltd. stock?

Greenfire Resources Ltd. (GFR) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from GFR shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Greenfire Resources Ltd. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Greenfire Resources Ltd. (GFR) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about GFR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Greenfire Resources Ltd. (GFR) halal? Halal. Based on AAOIFI screening, Greenfire Resources Ltd. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 90/100 (Grade: A+).

GFR: Is Greenfire Resources Ltd. Halal?

Halal

Greenfire Resources Ltd.

NYSEEnergyCA

$5.55

-0.72%

AvoidBorderlineClean

About Greenfire Resources Ltd.

Greenfire Resources Ltd., operating through its various subsidiaries, is actively involved in the exploration, development, and management of oil and gas properties. These significant holdings are located specifically within Alberta's Athabasca oil sands region. The company is responsible for a portfolio of premier, "Tier-1" oil sands assets across Western Canada. For the extraction of bitumen, Greenfire employs Steam-Assisted Gravity Drainage (SAGD), a specialized thermal recovery technique. Its corporate headquarters are located in Calgary, Canada.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026

A+

Excellent

Exceptionally strong compliance

90Score

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 Cap1.5% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 17, 2026Fiscal: FY 2025Source: FMP

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Financial Overview

Market Cap

401.8M

Price

$5.55

Sector

Energy

Industry

Oil & Gas Exploration & Production

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Frequently Asked Questions

Is Greenfire Resources Ltd. (GFR) halal to invest in?

Based on AAOIFI Standard 21 screening, Greenfire Resources Ltd. (GFR) is rated Halal with a compliance grade of A+ (Excellent). 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 Greenfire Resources Ltd. get a A+ compliance rating?

Greenfire Resources Ltd. (GFR) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.5% (limit 30%); interest-bearing deposits of 10.5% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Greenfire Resources Ltd.'s Shariah verdict?

Greenfire Resources Ltd.'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 Greenfire Resources Ltd. re-screened for Shariah compliance?

Greenfire Resources Ltd. (GFR) 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 17, 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.