Is Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests (ARLP) stock halal?

Is Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests stock halal? Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests (ARLP) is listed on NASDAQ Global Select Market and is covered in this site's broader research layer outside the tracked Sharia ETF set. Based on the business-activity and balance-sheet signals we could fetch, this company currently looks broadly compatible.

Current status

  • Ticker: ARLP
  • Exchange: NASDAQ Global Select Market
  • Status: Outside the tracked Sharia ETF stock set
  • Research signal: looks broadly compatible

Research factors

Sector: Energy

Industry: Thermal Coal

Sector / industry does not obviously fall into the restricted categories we screen heuristically.

  • Debt level: Total debt / Market capitalization is 15.82%. This is compared against a 33.00% reference threshold.
  • Cash / liquidity proxy: Cash and cash equivalents / Market capitalization is 0.90% using a proxy value. This is compared against a 33.00% reference threshold.
  • Receivables level: Accounts receivable / Market capitalization is 4.04%. This is compared against a 33.00% reference threshold.
  • Interest income proxy: Interest income / Total revenue is 0.13% using a proxy value. This is compared against a 5.00% reference threshold.

What this means

This company is part of the broader listed-stock research layer rather than the tracked Sharia ETF stock set.

We surface business-activity, debt, cash, receivables, and interest signals for due diligence, without claiming a religious ruling.

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