IPINot HalalF
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Compliance Status

Not Halal

Screened on Oct 15, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Intrepid Potash, Inc. (IPI) halal? Not Halal. Based on AAOIFI screening, Intrepid Potash, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Intrepid Potash, Inc. (IPI) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/IPI

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%.

0.7% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding IPI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Intrepid Potash, Inc.

IPI: Is Intrepid Potash, Inc. Halal?

Intrepid Potash, Inc.

NYSEBasic MaterialsUS

$32.36

Market Cap: 435.5M

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About Intrepid Potash, Inc.

Intrepid Potash, Inc. (IPI), a company founded in 2000 and based in Denver, Colorado, specializes in the extraction and production of potash for markets within the United States and globally. The firm's operations are strategically divided into three principal segments: Potash, Trio, and Oilfield Solutions. Within the Potash segment, Intrepid supplies muriate of potash, also known as potassium chloride. This versatile compound serves multiple applications, including as a vital fertilizer component for agriculture, an essential ingredient in drilling and fracturing fluids for the oil and gas sector, an input for various industrial processes, and a nutritional supplement for animal feed. The Trio segment focuses on a specialized fertilizer product named Trio, which uniquely delivers potassium, sulfate, and magnesium in a single, convenient particle. Through its Oilfield Solutions segment, Intrepid provides critical support to the oil and gas services industry by supplying water, delivering on-site, real-time potassium chloride mixing for hydraulic fracturing operations, and offering comprehensive trucking services. Beyond these core segments, the company diversifies its product portfolio with various other offerings. These include: salt, utilized in animal feeds, diverse industrial applications, pool maintenance, and for de-icing or managing road conditions; magnesium chloride, employed for deicing and dedusting roadways; brines, crucial for well development and completion activities within the oil and gas industry; and a specialized metal recovery salt, which combines potash and salt to optimize aluminum recovery in recycling facilities.

Sector: Basic Materials · Industry: Agricultural Inputs

Why this does not pass

  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 15, 2026

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Basic Materials

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Frequently Asked Questions

Is Intrepid Potash, Inc. (IPI) halal to invest in?
Intrepid Potash, Inc. (IPI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Intrepid Potash, Inc. get a F compliance rating?
Intrepid Potash, Inc. (IPI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Intrepid Potash, Inc.'s Shariah verdict?
Intrepid Potash, Inc.'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 Intrepid Potash, Inc. re-screened for Shariah compliance?
Intrepid Potash, Inc. (IPI) 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: Oct 15, 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.