Is LNG (Cheniere Energy Inc.) halal?

Q: Is LNG (Cheniere Energy Inc.) halal?

DOUBTFUL: Natural gas exporter — energy business permissible but environmental concerns raised by some scholars. Cheniere Energy is America's largest exporter of liquefied natural gas (LNG). It operates LNG terminals and exports natural gas globally. The business is not explicitly prohibited in Islamic law, but some contemporary scholars raise fasad fil-ard (environmental harm) concerns. High debt levels also give some scholars pause.

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LNG

Cheniere Energy Inc.

DOUBTFUL

Score: 62/100

stock

Is LNG Halal?

Natural gas exporter — energy business permissible but environmental concerns raised by some scholars.

What You Should Know

Cheniere Energy is America's largest exporter of liquefied natural gas (LNG). It operates LNG terminals and exports natural gas globally. The business is not explicitly prohibited in Islamic law, but some contemporary scholars raise fasad fil-ard (environmental harm) concerns. High debt levels also give some scholars pause.

⚠️ Concerns

•Fossil fuel environmental impact concerns
•High capital intensity with significant debt
•Minor interest income

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