Intrepid Potash, Inc.

IPI: Is Intrepid Potash, Inc. Halal?

Intrepid Potash, Inc.

NYSEBasic MaterialsUS

$34.20

-0.03%

Market Cap: 459.4M

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

A

Very Good

89Score

Is Intrepid Potash, Inc. (IPI) halal? Halal. Based on AAOIFI screening, Intrepid Potash, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).

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

What this means for you

You can own IPI

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

Purify 0.4% of your income from IPI

That is about $0.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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 Intrepid Potash, Inc. (IPI) halal to invest in?
Based on AAOIFI Standard 21 screening, Intrepid Potash, Inc. (IPI) 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 Intrepid Potash, Inc. get a A compliance rating?
Intrepid Potash, Inc. (IPI) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%); interest-bearing deposits of 9.9% (limit 30%); prohibited income of 0.40% (limit 5%). 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: Jul 18, 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.