Maui Land & Pineapple Company, Inc.

MLP: Is Maui Land & Pineapple Company, Inc. Halal?

Maui Land & Pineapple Company, Inc.

NYSEReal EstateUS

$17.21

+3.86%

Market Cap: 341.9M

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A+

Excellent

98Score

Is Maui Land & Pineapple Company, Inc. (MLP) halal? Halal. Based on AAOIFI screening, Maui Land & Pineapple Company, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (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%.

1.4% of 30.0% limit

What this means for you

You can own MLP

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Maui Land & Pineapple Company, Inc.

Maui Land & Pineapple Company, Inc. (MLP), established in 1909 and headquartered in Lahaina, Hawaii, operates as a real estate enterprise involved in the development, management, and sale of various property types—including residential, resort, commercial, agricultural, and industrial—across the United States. The company's activities are organized into three primary divisions: Real Estate, Leasing, and Resort Amenities. The Real Estate segment focuses on the entire lifecycle of land development, encompassing planning, obtaining necessary permits, developing, and selling its land holdings on Maui. This division also offers licensed general brokerage services for properties located within the Kapalua Resort and its surrounding regions. The Leasing segment manages the rental of commercial, agricultural, and industrial land and facilities. Additionally, it handles the licensing of the company's proprietary trademarks and brand names, provides land stewardship and conservation services, and operates essential water infrastructure, including canals, reservoirs, and well systems that supply both potable and non-potable water to areas in West and Upcountry Maui. The Resort Amenities segment is responsible for overseeing the operations of the Kapalua Club. This exclusive, non-equity club program grants its members unique benefits, preferred access, and other privileges at various amenities situated within the Kapalua Resort. Overall, Maui Land & Pineapple Company owns roughly 23,000 acres of land on the island of Maui, Hawaii.

Sector: Real Estate · Industry: Real Estate - Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Maui Land & Pineapple Company, Inc. (MLP) halal to invest in?
Based on AAOIFI Standard 21 screening, Maui Land & Pineapple Company, Inc. (MLP) is rated Halal with a compliance grade of A+ (Excellent). 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 Maui Land & Pineapple Company, Inc. get a A+ compliance rating?
Maui Land & Pineapple Company, Inc. (MLP) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.4% (limit 30%); interest-bearing deposits of 1.5% (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 Maui Land & Pineapple Company, Inc.'s Shariah verdict?
Maui Land & Pineapple Company, 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 Maui Land & Pineapple Company, Inc. re-screened for Shariah compliance?
Maui Land & Pineapple Company, Inc. (MLP) 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 17, 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.