What is Pure Cycle Corporation's Shariah compliance score?

Pure Cycle Corporation's (PCYO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Pure Cycle Corporation pass AAOIFI screening?

Pure Cycle Corporation (PCYO) 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% (PCYO: 5.5%), (3) interest-bearing deposits below 30% (PCYO: 5.6%), and (4) prohibited income below 5% (PCYO: 12.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Pure Cycle Corporation stock?

Pure Cycle Corporation (PCYO) has a non-permissible income ratio of 12.75%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PCYO 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 Pure Cycle Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Pure Cycle Corporation (PCYO) 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 PCYO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PCYO: Is Pure Cycle Corporation Halal?

Pure Cycle Corporation

NASDAQUtilitiesUS

$10.71

-2.01%

Market Cap: 258.2M

Compliance Status

Not Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Pure Cycle Corporation (PCYO) halal? Not Halal. Based on AAOIFI screening, Pure Cycle Corporation 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

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

5.5% of 30.0% limit

What this means for you

Most scholars advise not holding PCYO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Pure Cycle Corporation

Pure Cycle Corporation provides water and wastewater services in the United States. It operates in three segments: Water and Wastewater Resource Development, Land Development, and Single-Family Rental. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of land into master planned communities; and construction and leasing of single-family homes. It serves domestic, commercial, and industrial customers. Pure Cycle Corporation was incorporated in 1976 and is headquartered in Watkins, Colorado.

Sector: Utilities · Industry: Regulated Water

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

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

Fiscal: Q3 2026Data source: EDGAR

Halal Alternatives in Utilities

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0011.KLA+

Brite-Tech Bhd

$0.25

-0.02%

3069.KLA+

Mega First Corporation Bhd

$2.89

+0.00%

5041.KLA+

PBA Holdings Bhd

$2.01

-0.01%

5209.KLA+

Gas Malaysia Bhd

$5.13

-0.01%

5264.KLA+

Malakoff Corporation Bhd

$0.79

+0.00%

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AEP

American Electric Power Company, Inc.

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B+

Dominion Energy, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Pure Cycle Corporation (PCYO) halal to invest in?

Pure Cycle Corporation (PCYO) 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 Pure Cycle Corporation get a F compliance rating?

Pure Cycle Corporation (PCYO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.5% (limit 30%); interest-bearing deposits of 5.6% (limit 30%); prohibited income of 12.75% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Pure Cycle Corporation's Shariah verdict?

Pure Cycle Corporation'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 Pure Cycle Corporation re-screened for Shariah compliance?

Pure Cycle Corporation (PCYO) 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 15, 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.