Is MNTK halal?
Montauk Renewables, Inc.
Halal
Montauk Renewables, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 16 October 2026
Exchange
NASDAQ
Price
2.14
Day
+0.94%
Market cap
$311.7M
Industry
Specialty Chemicals
Sector
Basic Materials
What the company does
Montauk Renewables produces renewable natural gas (RNG) and electricity from landfill and livestock-waste gas. Its money comes from gas/electricity sales and environmental credits (RINs).
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $149.64M ÷ 36-month average market cap $504.21M = 29.7%
29.7%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $15.76M ÷ 36-month average market cap $504.21M = 3.1%
3.1%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $311.73M.
For information (AAOIFI 3/1 note): cash + receivables are 4.8% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #1061 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Specialty Chemicals — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.