Kimbell Royalty Partners, LP

KRP: Is Kimbell Royalty Partners, LP Halal?

Kimbell Royalty Partners, LP

NYSEEnergyUS

$14.95

+1.70%

Market Cap: 1.5B

Compliance Status

Not Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Kimbell Royalty Partners, LP (KRP) halal? Not Halal. Based on AAOIFI screening, Kimbell Royalty Partners, LP passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

30.6% of 30.0% limit

What this means for you

Most scholars advise not holding KRP

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Kimbell Royalty Partners, LP

Kimbell Royalty Partners, LP (KRP) and its affiliates are dedicated to acquiring and owning mineral and royalty interests in crude oil and natural gas properties across the United States. As of December 31, 2021, its comprehensive portfolio included approximately 11.4 million gross acres of mineral and royalty interests, alongside an additional 4.7 million gross acres representing overriding royalty interests. These holdings are geographically widespread, covering 28 states, and encompass ownership stakes in an estimated 122,000 gross wells. Notably, a significant portion of these — around 46,000 wells — are located within the highly productive Permian Basin. Kimbell Royalty Partners itself fulfills the role of general partner. The firm was established in 2013 and maintains its corporate headquarters in Fort Worth, Texas.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Energy

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Frequently Asked Questions

Is Kimbell Royalty Partners, LP (KRP) halal to invest in?
Kimbell Royalty Partners, LP (KRP) 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 Kimbell Royalty Partners, LP get a F compliance rating?
Kimbell Royalty Partners, LP (KRP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 30.6% (limit 30%); interest-bearing deposits of 3.0% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Kimbell Royalty Partners, LP's Shariah verdict?
Kimbell Royalty Partners, LP'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 Kimbell Royalty Partners, LP re-screened for Shariah compliance?
Kimbell Royalty Partners, LP (KRP) 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 14, 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.