Is DT Midstream (DTM) stock Halal?

DT Midstream is a prominent energy infrastructure company focusing on natural gas transportation and storage solutions. The company's primary function is to manage and operate a diverse pipeline network that ensures the efficient and safe movement of natural gas across key regions in the United States. Notable features of Dt Midstream include its expansive pipeline systems and storage facilities strategically located to serve both upstream producers and downstream customers, ensuring reliability and energy security. Before any of that matters to a Muslim investor, one question comes first: is DT Midstream stock Halal?

Is DT Midstream Shariah compliant?

For a resources company like DT Midstream, 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 DT Midstream pass the business activity test?

Yes. In the September 2026 screening DT Midstream holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.

Is DT Midstream's income Halal?

Yes, within AAOIFI's tolerance. DT Midstream's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.74% tells holders of DTM what share of each dividend to keep and what remainder to donate to charity.

Does DT Midstream meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has DTM re-screened every month, and the result above always shows the latest verdict.

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?