
PAA: Is Plains All American Pipeline, L.P. Halal?
Plains All American Pipeline, L.P.
$22.83
-1.30%
Market Cap: 16.1B
Compliance Status
Not Halal
Screened on Jul 18, 2026 · AAOIFI Standard 21
Non-Compliant
Is Plains All American Pipeline, L.P. (PAA) halal? Not Halal. Based on AAOIFI screening, Plains All American Pipeline, L.P. 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.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding PAA
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Plains All American Pipeline, L.P.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminalling, storage, and other related services, as well as merchant activities. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels.The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
Sector: Energy · Industry: Oil & Gas Midstream
Shariah Compliance Status
Compliance History
Not Halalnow
since Jun 2026
Doubtful
until the change above
Tracked since May 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
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Frequently Asked Questions
Is Plains All American Pipeline, L.P. (PAA) halal to invest in?
Why did Plains All American Pipeline, L.P. get a F compliance rating?
What could change Plains All American Pipeline, L.P.'s Shariah verdict?
How often is Plains All American Pipeline, 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.