No. As of September 2026, Berry Corporation (Bry) (1P6.BE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Berry Corporation (Bry) does not pass Musaffa's business and financial screening criteria.
Berry Corp. is an energy exploration company, which engages in the acquisition, exploration, development, and production of domestic oil and natural gas reserves. The company is headquartered in Dallas, Texas and currently employs 1,070 full-time employees. The company went IPO on 2017-07-14. The firm operates in two business segments: exploration and production (E&P) and well servicing and abandonment services. The E&P assets are located in California and Utah, are characterized by high oil content and are predominantly located in rural areas with a low population. The California assets are in the San Joaquin Basin (100% oil), and its Utah assets are in the Uinta Basin (65% oil). The company provides its well servicing and abandonment services to third-party operators in California and its California E&P operations through C&J Well Services (CJWS). Its California operating area consists of properties located in Midway-Sunset, South Belridge, McKittrick and Poso Creek fields in the San Joaquin basin in Kern County. The Company’s properties in this region are primarily mature, low-decline oil wells.
Berry Corporation (Bry) 1P6.BE
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1P6.BE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Berry Corporation (Bry) is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Berry Corporation (Bry) (1P6.BE) Chart
Financial Metrics & Statements of Berry Corporation (Bry) (1P6.BE)
FAQ's for Berry Corporation (Bry) (1P6.BE)
As of September 2026, Berry Corporation (Bry) 1P6.BE is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Berry Corporation (Bry) using these criteria to determine its compliance status.
Muslim investors may consider investing in Berry Corporation (Bry) if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Berry Corporation (Bry) by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Berry Corporation (Bry) may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Berry Corporation (Bry) on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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