What is NGL Energy Partners LP's Shariah compliance score?

NGL Energy Partners LP's (NGL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does NGL Energy Partners LP pass AAOIFI screening?

NGL Energy Partners LP (NGL) 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% (NGL: 157.0%), (3) interest-bearing deposits below 30% (NGL: 0.8%), and (4) prohibited income below 5% (NGL: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for NGL Energy Partners LP stock?

NGL Energy Partners LP (NGL) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NGL shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen NGL Energy Partners LP for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NGL Energy Partners LP (NGL) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NGL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NGL: Is NGL Energy Partners LP Halal?

NGL Energy Partners LP

NYSEEnergyUS

$14.55

-7.91%

Market Cap: 1.8B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is NGL Energy Partners LP (NGL) halal? Not Halal. Based on AAOIFI screening, NGL Energy Partners LP 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%.

157.0% of 30.0% limit

What this means for you

Most scholars advise not holding NGL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About NGL Energy Partners LP

NGL Energy Partners LP is engaged in the midstream energy sector, focusing on the movement, storage, blending, and marketing of critical energy commodities such as crude oil, natural gas liquids (NGLs), refined petroleum products, and renewable fuels. The company also offers extensive water solutions. Its operations are structured into three primary segments: The Water Solutions division specializes in managing water generated during oil and natural gas extraction. This involves the transportation, treatment, recycling, and responsible disposal of produced and flowback water. Additionally, it recovers and markets crude oil, handles the disposal of solids like tank bottoms and drilling fluids, performs truck and frac tank washouts, and supplies water for reuse, recycling, or as brackish non-potable water. The Crude Oil Logistics segment is responsible for purchasing crude oil from producers and marketers, then transporting it to refineries. Resales occur at various points, including pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trading hubs. This segment further provides essential storage, terminaling, and pipeline transportation services. Through its Liquids Logistics segment, NGL Energy Partners supplies natural gas liquids, refined petroleum products, and biodiesel to a diverse clientele of commercial, retail, and industrial customers throughout the United States and Canada. Its operations are supported by a network of 24 proprietary terminals, numerous third-party storage and terminal facilities, nine common carrier pipelines, and a fleet of leased railcars. Furthermore, this segment manages the marine export of butane from its facility situated in Chesapeake, Virginia. NGL Energy Holdings LLC acts as the company's general partner. Established in 1940, the company maintains its headquarters in Tulsa, Oklahoma.

Sector: Energy · Industry: Oil & Gas Midstream

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 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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Trive Property Group Bhd

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BM Greentech Bhd

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+0.01%

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Kinergy Advancement Bhd

$0.39

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$2.98

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Frequently Asked Questions

Is NGL Energy Partners LP (NGL) halal to invest in?

NGL Energy Partners LP (NGL) 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 NGL Energy Partners LP get a F compliance rating?

NGL Energy Partners LP (NGL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 157.0% (limit 30%); interest-bearing deposits of 0.8% (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 NGL Energy Partners LP's Shariah verdict?

NGL Energy 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 NGL Energy Partners LP re-screened for Shariah compliance?

NGL Energy Partners LP (NGL) 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.