
Is Delek US (DK) stock Halal?
September 2026 AAOIFI screening result for Delek US Holdings, Inc. (DK): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Delek US Holdings, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Delek US operates as an integrated downstream energy company. Its primary function is the refining, transportation, and marketing of petroleum products, primarily within the United States. The company possesses a significant presence in the energy sector, with a network of refineries equipped to process crudes into gasoline, diesel, jet fuel, and other petroleum-based products. Before any of that matters to a Muslim investor, one question comes first: is Delek US stock Halal?
Is Delek US Shariah compliant?
For a resources company like Delek US, 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 US pass the business activity test?
The activity screen is only part of the picture this month: Delek US currently fails the interest-bearing debt screen, 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 US' income Halal?
Yes, within AAOIFI's tolerance. Delek US' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Delek US 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?



