Compliance Status
Halal
Screened on Oct 15, 2026 · AAOIFI Standard 21
Excellent
Is Permian Basin Royalty Trust (PBT) halal? Halal. Based on AAOIFI screening, Permian Basin Royalty Trust passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).
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HalalScreener rates Permian Basin Royalty Trust (PBT) Halal, 98/100, grade A+ under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/PBT
Business activity
What the company sells is permissible.
Company debt
Well clear of 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
You can own PBT
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened PBT's prohibited income, but the exact share you would need to purify is part of Pro.

PBT: Is Permian Basin Royalty Trust Halal?
Permian Basin Royalty Trust
$33.14
Market Cap: 1.5B
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About Permian Basin Royalty Trust
Permian Basin Royalty Trust, structured as an express trust, primarily holds overriding royalty interests in various oil and gas properties across the United States. Its assets notably include a 75% net overriding royalty stake in the Waddell Ranch properties, situated in Crane County, Texas. These holdings encompass fields such as Dune, Sand Hills (Judkins, McKnight, and Tubb), University-Waddell (Devonian), and Waddell. The trust further possesses a 95% net overriding royalty share in the Texas Royalty properties. This extensive collection, spread across 33 Texan counties, comprises roughly 125 distinct royalty interests and covers approximately 51,000 net producing acres. Prominent oil fields within this portfolio include Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, among others. Formed in 1980, the trust conducts its operations from Dallas, Texas.
Sector: Energy · Industry: Oil & Gas Midstream
Shariah Compliance Status
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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
Halalnow
since Sep 2026
Not Halal
until the change above
Under Review
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.