Compliance Status
Not Halal
Screened on Oct 8, 2026 · AAOIFI Standard 21
Non-Compliant
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).
Quote this verdict
HalalScreener rates Martin Midstream Partners L.P. (MMLP) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/MMLP
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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.
Screened according to AAOIFI Standard 21
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
MMLP: Is Martin Midstream Partners L.P. Halal?
Martin Midstream Partners L.P.
$2.04
Market Cap: 79.8M
Get an email if MMLP's halal status changes
We re-screen Martin Midstream Partners L.P. daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
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
Why this does not pass
- Interest-bearing debt is 623.5% of market cap, over the 30% AAOIFI 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
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why MMLP is rated Not Halal with institutional-grade analysis
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.
Screened according to AAOIFI Standard 21
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.
Halal Alternatives in Energy
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Energy Stocks
Know the day MMLP's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Martin Midstream Partners L.P. (MMLP) halal to invest in?
Why did Martin Midstream Partners L.P. get a F compliance rating?
What could change Martin Midstream Partners L.P.'s Shariah verdict?
How often is Martin Midstream Partners L.P. re-screened for Shariah compliance?
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.