
Is Pulse Seismic (PSD) stock Halal?
September 2026 AAOIFI screening result for Pulse Seismic, Inc. (PSD): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 98.79%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Pulse Seismic is a firm specializing in the acquisition and preparation of seismic data for use in the energy sector. Primarily focused on the oil and gas industries, its services aid in the exploration and development of hydrocarbon resources by providing highly-detailed subsurface imaging. Pulse Seismic's primary offerings include a comprehensive database of 2D and 3D seismic data, which play a critical role in supporting energy companies' exploration and production strategies. Before any of that matters to a Muslim investor, one question comes first: is Pulse Seismic stock Halal?
Is Pulse Seismic Shariah compliant?
For a resources company like Pulse Seismic, 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 Pulse Seismic pass the business activity test?
Yes. In the September 2026 screening Pulse Seismic 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 Pulse Seismic's income Halal?
Yes, within AAOIFI's tolerance. Pulse Seismic'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 98.79% tells holders of PSD what share of each dividend to keep and what remainder to donate to charity.
Does Pulse Seismic 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 PSD 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?



