What is Alliance Resource Partners, L.P.'s Shariah compliance score?

Alliance Resource Partners, L.P. (ARLP) has a Shariah compliance score of 86/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Alliance Resource Partners, L.P. pass AAOIFI screening?

Alliance Resource Partners, L.P. (ARLP) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ARLP: 13.6%), (3) interest-bearing deposits below 30% (ARLP: 2.3%), and (4) prohibited income below 5% (ARLP: 0.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Alliance Resource Partners, L.P. stock?

Alliance Resource Partners, L.P. (ARLP) has a non-permissible income ratio of 0.16%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ARLP shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Alliance Resource Partners, L.P. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Alliance Resource Partners, L.P. (ARLP) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ARLP's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ARLP: Is Alliance Resource Partners, L.P. Halal?

Alliance Resource Partners, L.P.

NASDAQEnergyUS

$24.48

+0.20%

Market Cap: 3.1B

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Very Good

86Score

Is Alliance Resource Partners, L.P. (ARLP) halal? Halal. Based on AAOIFI screening, Alliance Resource Partners, L.P. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 86/100 (Grade: A).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

13.6% of 30.0% limit

What this means for you

You can own ARLP

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.2% of your income from ARLP

That is about $0.20 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Alliance Resource Partners, L.P.

Alliance Resource Partners, L.P. (ARLP) operates as a diversified natural resource enterprise, with a primary focus on extracting and supplying coal to utility companies and industrial customers across the United States. The company's business activities are categorized into four main segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. ARLP's coal production encompasses a variety of thermal and metallurgical grades, each with distinct sulfur and heat content characteristics. The firm manages seven underground mining complexes situated across six states: Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition to its mining operations, ARLP leases land, manages a coal loading facility on the Ohio River at Mt. Vernon, Indiana, and engages in the buying and reselling of coal. Further diversifying its portfolio, the company holds mineral and royalty stakes in approximately 1.5 million gross acres of land within key oil and gas producing regions, prominently the Permian, Anadarko, and Williston Basins. Beyond its core resource activities, ARLP also offers an array of mining technology solutions, including data network and communication systems, personnel tracking, proximity detection, industrial collision avoidance, and specialized data and analytics software. As of December 31, 2021, the company's substantial coal reserves included an estimated 547.1 million tons of proven and probable mineral reserves, complemented by 1.17 billion tons of measured, indicated, and inferred coal resources, all located within its operational states of Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. Founded in 1971, Alliance Resource Partners, L.P. is headquartered in Tulsa, Oklahoma.

Sector: Energy · Industry: Coal

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Alliance Resource Partners, L.P. (ARLP) halal to invest in?

Based on AAOIFI Standard 21 screening, Alliance Resource Partners, L.P. (ARLP) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Alliance Resource Partners, L.P. get a A compliance rating?

Alliance Resource Partners, L.P. (ARLP) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.6% (limit 30%); interest-bearing deposits of 2.3% (limit 30%); prohibited income of 0.16% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Alliance Resource Partners, L.P.'s Shariah verdict?

Alliance Resource Partners, L.P.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Alliance Resource Partners, L.P. re-screened for Shariah compliance?

Alliance Resource Partners, L.P. (ARLP) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 19, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.