
Is Delek Logistics Partners (DKL) stock Halal?
September 2026 AAOIFI screening result for Delek Logistics Partners LP (DKL): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Delek Logistics Partners LP is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Delek Logistics Partners is a master limited partnership focusing on logistics and transportation services crucial to the energy sector. The primary function of Delek Logistics is to own and operate energy infrastructure assets, which include pipelines, storage, and wholesale marketing segments. These assets are essential for transporting and storing crude oil, refined products, and biofuels, facilitating efficient energy distribution. Before any of that matters to a Muslim investor, one question comes first: is Delek Logistics Partners stock Halal?
Is Delek Logistics Partners Shariah compliant?
For a resources company like Delek Logistics Partners, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.
Does Delek Logistics Partners pass the business activity test?
The activity screen is only part of the picture this month: Delek Logistics Partners currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is Delek Logistics Partners' income Halal?
No. Delek Logistics Partners' income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Delek Logistics Partners meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



