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Is Permian Basin Royalty Trust Stock Halal?
Shariah Compliance Analysis of PBT Stock
Yes. As of November 2026, Permian Basin Royalty Trust (PBT) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Permian Basin Royalty Trust passes Musaffa's business and financial screening criteria.
Permian Basin Royalty Trust is a trust of Argent Trust Company. The company is headquartered in Dallas, Texas. Its Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch Properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell. The Waddell Ranch properties contain approximately 1,067 gross (499 net) productive oil wells and 108 gross (51 net) productive gas wells. The Blackbeard Operating, LLC is an operator of record of the Waddell Ranch properties. In the six fields, there are 12 producing zones ranging in depth from 2,800 to 10,600 feet. The prolific of these zones are the Grayburg and San Andres, which produce from depths between 2,800 and 3,400 feet. Also productive from San Andres are the Sand Hills gas field and the Sand Hills oil field, the Dune (Grayburg/San Andres) oil field, and the Waddell oil field. The Dune and Waddell oil fields are productive from both the Grayburg and San Andres formations.
PBT Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, Permian Basin Royalty Trust is classified as halal.
HALALPermian Basin Royalty Trust (PBT) Chart
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Financial Metrics & Statements of Permian Basin Royalty Trust (PBT)
FAQ's for Permian Basin Royalty Trust (PBT)
- As of November 2026, Permian Basin Royalty Trust PBT is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Permian Basin Royalty Trust using these criteria to determine its compliance status.
- Muslim investors may consider investing in Permian Basin Royalty Trust if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Permian Basin Royalty Trust by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Permian Basin Royalty Trust may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Permian Basin Royalty Trust on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Permian Basin Royalty Trust (PBT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.