What is Granite Ridge Resources, Inc's Shariah compliance score?

Granite Ridge Resources, Inc's (GRNT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Granite Ridge Resources, Inc pass AAOIFI screening?

Granite Ridge Resources, Inc (GRNT) does not pass 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% (GRNT: 60.2%), (3) interest-bearing deposits below 30% (GRNT: 1.5%), and (4) prohibited income below 5% (GRNT: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Granite Ridge Resources, Inc stock?

Granite Ridge Resources, Inc (GRNT) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from GRNT 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 Granite Ridge Resources, Inc for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Granite Ridge Resources, Inc (GRNT) 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 GRNT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

GRNT: Is Granite Ridge Resources, Inc Halal?

Not Halal

Granite Ridge Resources, Inc

NYSEEnergyUS

$4.85

-3.19%

AvoidBorderlineClean

About Granite Ridge Resources, Inc

Granite Ridge Resources, Inc. oversees private investment funds, strategically directing capital towards prominent oil and natural gas formations such as the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville. Its core business involves the exploration and production of hydrocarbon resources. The company's headquarters are situated in Dallas, Texas.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap60.2% / 30.0%

Compliance History

Not 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 12, 2026Fiscal: Q1 2026Source: FMP

Financial Overview

Market Cap

639.7M

Price

$4.85

Sector

Energy

Industry

Oil & Gas Exploration & Production

Halal Alternatives in Energy

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

0091.KLA+

Propel Global Bhd

$0.07

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.74

+0.00%

0193.KLA+

Kinergy Advancement Bhd

$0.39

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$2.99

+0.00%

More Energy Stocks

XOM

Exxon Mobil Corporation

A+

CVX

Chevron Corporation

A+

COP

ConocoPhillips

B+

SLB

SLB N.V.

EOG

EOG Resources, Inc.

OKE

ONEOK, Inc.

Free · No credit card required

Track GRNT 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.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Granite Ridge Resources, Inc (GRNT) halal to invest in?

Granite Ridge Resources, Inc (GRNT) 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 Granite Ridge Resources, Inc get a F compliance rating?

Granite Ridge Resources, Inc (GRNT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 60.2% (limit 30%); interest-bearing deposits of 1.5% (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 Granite Ridge Resources, Inc's Shariah verdict?

Granite Ridge Resources, 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 Granite Ridge Resources, Inc re-screened for Shariah compliance?

Granite Ridge Resources, Inc (GRNT) 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 · 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.