What is Martin Midstream Partners L.P.'s Shariah compliance score?

Martin Midstream Partners L.P.'s (MMLP) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Martin Midstream Partners L.P. pass AAOIFI screening?

Martin Midstream Partners L.P. (MMLP) does not pass 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% (MMLP: 515.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Martin Midstream Partners L.P. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Martin Midstream Partners L.P. (MMLP) using the latest financial data.

Where can I screen Martin Midstream Partners L.P. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Martin Midstream Partners L.P. (MMLP) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MMLP's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MMLP: Is Martin Midstream Partners L.P. Halal?

Martin Midstream Partners L.P.

NASDAQEnergyUS

$2.25

-3.43%

Market Cap: 88.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Martin Midstream Partners L.P. (MMLP) halal? Not Halal. Based on AAOIFI screening, Martin Midstream Partners L.P. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

515.4% of 30.0% limit

What this means for you

Most scholars advise not holding MMLP

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Martin Midstream Partners L.P.

Martin Midstream Partners L.P., established in 2002 and headquartered in Kilgore, Texas, is a diversified energy logistics company operating primarily along the U.S. Gulf Coast. Through its subsidiaries, the company specializes in the handling, processing, storage, and transport of petroleum products, by-products, and various chemicals. Its Terminalling and Storage division oversees 15 marine-based and 13 specialized terminal facilities. These sites provide essential services such as storage, refining, blending, packaging, and general handling for petroleum producers and suppliers. Additionally, this segment offers land leasing to oil and gas firms and manages the storage and transfer of lubricants and fuels. The Transportation segment maintains an extensive fleet for moving a range of materials, including petroleum, petrochemicals, and chemicals. This fleet comprises 570 tank trucks, 1,200 trailers, 29 inland marine tank barges, 14 inland push boats, and a single articulated offshore tug and barge unit. Martin Midstream's Sulfur Services segment processes molten sulfur, transforming it into prilled or pelletized forms crucial for fertilizer production and various industrial chemical applications. Finally, the Natural Gas Liquids segment focuses on the storage, distribution, and transport of NGLs. It delivers NGLs wholesale to refineries, industrial consumers, and propane retailers, supported by an impressive 2.1 million barrels of underground NGL storage capacity. Martin Midstream GP LLC serves as the general partner for the company.

Sector: Energy · Industry: Oil & Gas Midstream

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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BM Greentech Bhd

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+0.02%

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Kinergy Advancement Bhd

$0.43

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$3.03

-0.00%

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Frequently Asked Questions

Is Martin Midstream Partners L.P. (MMLP) halal to invest in?

Martin Midstream Partners L.P. (MMLP) 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 Martin Midstream Partners L.P. get a F compliance rating?

Martin Midstream Partners L.P. (MMLP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 515.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Martin Midstream Partners L.P.'s Shariah verdict?

Martin Midstream 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 Martin Midstream Partners L.P. re-screened for Shariah compliance?

Martin Midstream Partners L.P. (MMLP) 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: Aug 26, 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.