
PBF: Is PBF Energy Inc. Halal?
PBF Energy Inc.
$53.18
-0.24%
Market Cap: 6.3B
Compliance Status
Doubtful
Screened on Jul 18, 2026 · AAOIFI Standard 21
Good
Is PBF Energy Inc. (PBF) halal? Doubtful. Based on AAOIFI screening, PBF Energy Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 70/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own PBF, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purify 0.1% of your income from PBF
That is about $0.10 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout PBF Energy Inc.
PBF Energy Inc., operating through its subsidiaries, primarily focuses on the refinement and distribution of various petroleum products. Its business is structured into two core segments: Refining and Logistics. The company's extensive product portfolio encompasses gasoline, ultra-low-sulfur diesel, heating oil, standard diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt. Additionally, it provides unbranded transportation fuels, essential petrochemical feedstocks, blending components, and other petroleum derivatives. PBF Energy distributes these products across the United States, specifically targeting the Northeast, Midwest, Gulf Coast, and West Coast regions, with further market penetration into other domestic areas, Canada, and Mexico. Beyond its refining activities, the company offers a comprehensive suite of logistics services, including rail, truck, and marine terminaling, alongside pipeline transportation and storage solutions. As of December 31, 2021, PBF Energy Inc. owned and operated six oil refineries and associated infrastructure. The company was established in 2008 and is headquartered in Parsippany, New Jersey.
Sector: Energy · Industry: Oil & Gas Refining & Marketing
Why This Stock Is Doubtful
- Debt is 28.9% of market cap, only 1.1 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Jul 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.