
Is Maui Land & Pineapple (MLP) stock Halal?
Maui Land & Pineapple Co., Inc. (MLP) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 98.59%. Tabadulat re-screens MLP monthly, and the status can change when new financial data arrives.
Maui Land & Pineapple is a real estate and land management company based in Hawaii. Its primary function is to manage, develop, and own a wide array of real estate assets, primarily on the island of Maui. The company has historically been involved in large-scale agriculture, most notably as a producer of pineapple, which played a significant role in shaping Maui's agricultural economy. Before any of that matters to a Muslim investor, one question comes first: is Maui Land & Pineapple stock Halal?
Is Maui Land & Pineapple Shariah compliant?
Real estate begins from a strong position in Shariah screening: buildings and land are permissible assets. What AAOIFI Shariah Standard No. 21 examines for Maui Land & Pineapple is the mortgage financing behind the portfolio, capped at 30% of market capitalisation, and whether tenant income includes impermissible sources beyond the 5% ceiling.
Does Maui Land & Pineapple pass the business activity test?
Yes. In the September 2026 screening Maui Land & Pineapple holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is the tenant roll: rental income from impermissible businesses counts against the 5% ceiling.
Is Maui Land & Pineapple's income Halal?
Yes, within AAOIFI's tolerance. Maui Land & Pineapple'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 98.59% tells holders of MLP what share of each dividend to keep and what remainder to donate to charity.
Does Maui Land & Pineapple 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 MLP 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 REITs: Halal Real Estate for Muslim Investors



