
Is Enterprise Products Partners (EPD) stock Halal?
Enterprise Products Partners LP (EPD) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing debt screen. Tabadulat re-screens EPD monthly, and a stock can return to compliance when new financial reports change its ratios.
Enterprise Products Partners is a leading midstream natural gas and crude oil pipeline company based in the United States. Its primary function is to transport, gather, and process natural gas and crude oil, thereby playing a crucial role in the energy value chain. Enterprise Products Partners owns extensive pipeline networks and storage facilities that help facilitate the efficient and safe movement of energy products across North America. Before any of that matters to a Muslim investor, one question comes first: is Enterprise Products Partners stock Halal?
Is Enterprise Products Partners Shariah compliant?
For a resources company like Enterprise Products 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 Enterprise Products Partners pass the business activity test?
The activity screen is only part of the picture this month: Enterprise Products Partners 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 Enterprise Products Partners' income Halal?
Yes, within AAOIFI's tolerance. Enterprise Products Partners' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Enterprise Products 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?



