Is Star Group LP halal to invest in?

As of November 2026, Star Group LP SGU is classified as not 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.

Is Star Group LP a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Star Group LP using these criteria to determine its compliance status.

Can Muslims buy shares of Star Group LP?

Muslim investors may consider investing in Star Group LP if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Star Group LP classified as NOT HALAL?

Musaffa determines the Shariah status of Star Group LP by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Star Group LP updated?

The Shariah compliance status of Star Group LP may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Star Group LP become non-compliant?

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.

Where can I check the Shariah status of Star Group LP?

You can check the latest Shariah compliance status of Star Group LP on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Star Group LP Stock Halal?

Shariah Compliance Analysis of SGU Stock

United States Utilities Small Cap

No. As of November 2026, Star Group LP (SGU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Star Group LP does not pass Musaffa's business and financial screening criteria.

Star Group LP engages in the provision and distribution of home heating oil, propane, and related services to residential and commercial customers. The company is headquartered in Stamford, Connecticut and currently employs 3,024 full-time employees. The firm also sells and services heating and air conditioning equipment to its home heating oil and propane customers and, to a lesser extent, provides these offerings to customers outside its home heating oil and propane customer base. The company also sells diesel, gasoline and home heating oil on a delivery only basis. The company is a retail distributor of home heating oil operating in northern and eastern states within the Northeast and Mid-Atlantic U.S. regions, including its propane locations. The firm conducts its business through an operating subsidiary, Petro Holdings, Inc. The company has heating oil and/or propane customers in the states: Connecticut, Delaware, Maryland, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia and the District of Columbia.

SGU Shariah Compliance

Screening Methodology: AAOIFI

As of November 2026, Star Group LP is classified as not halal.

NOT HALAL

Star Group LP (SGU) Chart

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Financial Metrics & Statements of Star Group LP (SGU)

FAQ's for Star Group LP (SGU)

As of November 2026, Star Group LP SGU is classified as not 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 Star Group LP using these criteria to determine its compliance status.
Muslim investors may consider investing in Star Group LP 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 Star Group LP 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 Star Group LP 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 Star Group LP on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.