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Shariah compliance overview

Halal

Hallador Energy Company (HNRG) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Hallador Energy Company

Hallador Energy Company focuses on extracting steam coal from its operations within Indiana, primarily supplying this fuel to the electric power generation sector.

Hallador Energy Company (HNRG) operates in the Utilities sector, in the Independent Power Producers industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.13% (limit 5%), interest-bearing debt is 6.79% (limit 30%) and interest-bearing securities and assets are 1.84% (limit 30%).

If you hold HNRG, give 0.13% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
0.13%Limit 5%Pass
Interest-bearing debt
6.79%Limit 30%Pass
Interest-bearing securities and assets
1.84%Limit 30%Pass
Dividend purification
0.13%Share of dividends to give to charityPurification calculator

Last updated: Oct 22, 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 Hallador Energy Company (HNRG). Current Akinda screening label: Halal.