Electromagnetic wave (EMW) radiation pollution is getting more severe as result of the advancement of electronic technology. Researching shielding materials with superior EMI (electromagnetic interference) shielding characteristics is therefore crucial. Basalt fibers (BFs) have been an emerging candidate in the fiber‐reinforced polymer (FRP) category due to their favorable mechanical and chemical properties, along with being favorites in sustainability and having low production costs. Therefore, due to the rising need for cheaper and efficient alternatives in the EMI shielding industry, the EMI shielding is covered in terms of BF composite materials and their properties in this review, starting with the EMI shielding mechanism and followed by how BF composites affect the EMI properties. This review then covers the post‐treatments of BF composites and, finally, the factors of the composites that affect the EMI properties. Moreover, the EMI shielding applications in which BFRPs are used are comprehensively discussed as well. This review aspires to bridge an understanding between EMI shielding as a material property and the BF composites that are developed to aid in the EMI shielding application.