Shariah compliance overview
HalalVAALCO Energy, Inc. (EGY) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About VAALCO Energy, Inc.
VAALCO Energy, an independent oil and gas enterprise, focuses on the acquisition, exploration, development, and extraction of crude oil and natural gas resources.
VAALCO Energy, Inc. (EGY) operates in the Energy sector, in the Oil & Gas Exploration & Production industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.00% (limit 5%), interest-bearing debt is 11.74% (limit 30%) and interest-bearing securities and assets are 11.52% (limit 30%).
- Business Activity
- 0.00%Limit 5%Pass
- Interest-bearing debt
- 11.74%Limit 30%Pass
- Interest-bearing securities and assets
- 11.52%Limit 30%Pass
- Dividend purification
- 0.00%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Frequently asked questions
Quick answers about VAALCO Energy, Inc. (EGY). Current Akinda screening label: Halal.
