What is Suburban Propane Partners, L.P.'s Shariah compliance score?

Suburban Propane Partners, L.P.'s (SPH) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Suburban Propane Partners, L.P. pass AAOIFI screening?

Suburban Propane Partners, L.P. (SPH) 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% (SPH: 99.5%), (3) interest-bearing deposits below 30% (SPH: 0.3%), and (4) prohibited income below 5% (SPH: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Suburban Propane Partners, L.P. stock?

Suburban Propane Partners, L.P. (SPH) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SPH 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 Suburban Propane Partners, L.P. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Suburban Propane Partners, L.P. (SPH) 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 SPH's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SPH: Is Suburban Propane Partners, L.P. Halal?

Suburban Propane Partners, L.P.

NYSEUtilitiesUS

$18.36

+1.44%

Market Cap: 1.2B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Suburban Propane Partners, L.P. (SPH) halal? Not Halal. Based on AAOIFI screening, Suburban Propane Partners, L.P. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

99.5% of 30.0% limit

What this means for you

Most scholars advise not holding SPH

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Suburban Propane Partners, L.P.

Suburban Propane Partners, L.P., operating through its subsidiaries, specializes in the retail marketing and distribution of propane, fuel oil, and other refined fuels. The company structures its diverse operations across four main segments. The Propane segment is dedicated to the retail supply of propane for residential, commercial, industrial, and agricultural clients, in addition to wholesale distribution to industrial customers. This propane is widely used for space and water heating, cooking, and clothes drying in residential and commercial settings. Industrially, it serves as a motor fuel for vehicles, forklifts, and stationary engines, fuels furnaces, acts as a cutting gas, and is applied in various process applications. Agricultural uses include tobacco curing, crop drying, poultry brooding, and weed control. The Fuel Oil and Refined Fuels segment focuses on providing fuel oil, diesel, kerosene, and gasoline to residential and commercial customers, primarily for heating homes and buildings. Through its Natural Gas and Electricity segment, Suburban Propane markets natural gas and electricity to residential and commercial consumers within the deregulated energy markets of New York and Pennsylvania. Finally, the All Other segment handles the sale, installation, and maintenance of a variety of home comfort equipment, such as complete heating systems, air purification units, humidifiers, and portable heaters. As of September 25, 2021, the company served approximately 1 million customers across residential, commercial, industrial, and agricultural sectors. Its operations are vast, encompassing 700 locations across 41 U.S. states, with a strong presence on the East and West Coasts, select Midwest areas, and Alaska. Suburban Energy Services Group LLC acts as the general partner for Suburban Propane Partners, L.P., which was founded in 1945 and maintains its headquarters in Whippany, New Jersey.

Sector: Utilities · Industry: Regulated Gas

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited activity detected: tobacco

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 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:

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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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Dominion Energy, Inc.

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Frequently Asked Questions

Is Suburban Propane Partners, L.P. (SPH) halal to invest in?

Suburban Propane Partners, L.P. (SPH) 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 Suburban Propane Partners, L.P. get a F compliance rating?

Suburban Propane Partners, L.P. (SPH) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 99.5% (limit 30%); interest-bearing deposits of 0.3% (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 Suburban Propane Partners, L.P.'s Shariah verdict?

Suburban Propane Partners, L.P.'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 Suburban Propane Partners, L.P. re-screened for Shariah compliance?

Suburban Propane Partners, L.P. (SPH) 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 17, 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.