Is PBF Energy, Inc. PBF stock halal to invest in?

No, as of August 2026, PBF Energy, Inc. stock (PBF) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. PBF Energy, Inc. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of PBF Energy, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is PBF Energy, Inc. PBF reviewed for Shariah compliance?

Tabadulat reviews PBF Energy, Inc. PBF for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for PBF Energy, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does PBF Energy, Inc. PBF pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, PBF Energy, Inc. stock (PBF) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. PBF Energy, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does PBF Energy, Inc. PBF pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, PBF Energy, Inc. stock (PBF) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). PBF Energy, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does PBF Energy, Inc. PBF pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, PBF Energy, Inc. stock (PBF) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. PBF Energy, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for PBF Energy, Inc. PBF stock?

PBF Energy, Inc. (PBF) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If PBF Energy, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does PBF Energy, Inc. PBF pass the AAOIFI Preference Share screen?

Yes, as of August 2026, PBF Energy, Inc. stock (PBF) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. PBF Energy, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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PBF Energy, Inc.

NYSE

Shariah-Compliant

Not Shariah

PBF

About

PBF Energy, Inc.

PBF

PBF Energy Inc. is a prominent player in the energy sector, specifically focusing on the refining and supply of petroleum products. As a leading independent petroleum refiner in the United States, it operates multiple complex refineries primarily situated in regions with strategic access to major distribution terminals and pipelines. The company plays a vital role in transforming crude oil into a wide spectrum of refined products, including gasoline, diesel fuel, jet fuel, and other specialty products essential for transportation, industrial operations, and residential energy consumption. PBF Energy Inc. significantly impacts the energy and petrochemical industries by providing necessary fuels that drive economic activities across various sectors. The company is also involved in the logistics of transporting, storing, and distributing these products, ensuring a steady flow of energy supplies to meet demand. Through its operations, PBF Energy supports regional energy security and contributes to the stability of national energy infrastructure. As part of the global energy markets, it responds to fluctuations in crude oil prices and changes in energy policy, reflecting broader trends in energy consumption and environmental considerations.

Sector:

Energy

Industry:

Oil & Gas Refining & Marketing

Employees:

3855

Website:

https://www.pbfenergy.com

PBF

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PBF Energy, Inc.

About

PBF Energy, Inc.

PBF

Frequently asked questions

Is PBF Energy, Inc. PBF stock halal to invest in?

How often is PBF Energy, Inc. PBF reviewed for Shariah compliance?

Does PBF Energy, Inc. PBF pass the AAOIFI Non Permissible Income criteria?

Does PBF Energy, Inc. PBF pass the AAOIFI Interest Bearing Investments criteria?

Does PBF Energy, Inc. PBF pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for PBF Energy, Inc. PBF stock?

Does PBF Energy, Inc. PBF pass the AAOIFI Preference Share screen?

Can I buy PBF Energy (PBF) stock on Tabadulat?

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