Is Knife River Corp (KNF) Halal?

NYSE Basic Materials United States $4.5B
✓ HALAL
Confidence: 95/100
Knife River Corp (KNF) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 26.8% against the AAOIFI threshold of 30%, Knife River Corp comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Building Materials), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 26.8%
/ 30%
2.7%
/ 30%
6.1%
/ 30%
0.29%
/ 5%
✓ HALAL
DJIM 26.8%
/ 33%
2.7%
/ 33%
6.1%
/ 33%
0.29%
/ 5%
✓ HALAL
MSCI 33.4%
/ 33%
3.4%
/ 33%
7.6%
/ 33%
0.29%
/ 5%
✗ NOT HALAL
S&P 26.8%
/ 33%
2.7%
/ 33%
6.1%
/ 33%
0.29%
/ 5%
✓ HALAL
FTSE 33.4%
/ 33%
3.4%
/ 33%
7.6%
/ 50%
0.29%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
29.1
Forward: 19.9
EPS
$2.76
P/B Ratio
2.8
EV/EBITDA
11.6
EV: $5.7B
Revenue
$3.1B
Growth: 14.9%
Beta
0.4
Low volatility
Current Ratio
2.5

Profitability

Gross Margin 18.4%
Operating Margin 8.4%
Net Margin 5.0%
Return on Equity (ROE) 10.1%
Return on Assets (ROA) 5.7%

Cash Flow & Balance Sheet

Operating Cash Flow$278M
Free Cash Flow-$70M
Total Debt$1.2B
Debt-to-Equity74.2
Current Ratio2.5
Total Assets$3.7B

Price & Trading

Last Close$87.10
50-Day MA$81.23
200-Day MA$77.69
Avg Volume620K
Beta0.4
52-Week Range
$58.72
$103.17

About Knife River Corp (KNF)

CEO
Mr. Brian R. Gray
Employees
5,298
Sector
Basic Materials
Industry
Building Materials
Country
United States
Exchange
NYSE
Market Cap
$4.5B
Currency
USD

Knife River Corporation, together with its subsidiaries, provides aggregates-based construction materials and contracting services in the United States. The company operates through West, Mountain, Central, and Energy Services segments. It mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. The company also provides contracting services, such as heavy-civil construction, asphalt and concrete paving, and site development and grading. In addition, it sells cement, merchandise, and other building materials and related services; and produces and supplies liquid asphalt for use in asphalt road construction. The company sells its construction materials to public and private-sector customers comprising federal, state, and municipal governments; industrial, commercial, and residential developers, as well as other private parties; and provides its contracting services to public-sector customers for the development and servicing of highways, local roads, bridges, and other public-infrastructure projects. Knife River Corporation was founded in 1917 and is headquartered in Bismarck, North Dakota.

Purification Calculator

As a halal stock with 0.29% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Knife River Corp (KNF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Knife River Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Knife River Corp's debt ratio?

Knife River Corp's debt ratio is 26.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 33.4%.

Does Knife River Corp require dividend purification?

Yes, Knife River Corp has an impermissible income ratio of 0.29%, which means 0.29% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Knife River Corp's key financial metrics?

Knife River Corp has a market capitalization of $4.5B, trailing P/E ratio of 29.1, and revenue of $3.1B. The company maintains a gross margin of 18.4% and a net margin of 5.0%. Return on equity stands at 10.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.