Is Kimbell Royalty Partners, LP (KRP) halal? Doubtful. Based on AAOIFI screening, Kimbell Royalty Partners, LP passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 73/100 (Grade: B+).

Kimbell Royalty Partners, LP

KRP: Is Kimbell Royalty Partners, LP Halal?

Doubtful

Kimbell Royalty Partners, LP

NYSEEnergyUS

$15.26

-1.17%

About Kimbell Royalty Partners, LP

Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres. The company's mineral and royalty interests are located in 28 states and include ownership in approximately 122,000 gross wells, including approximately 46,000 wells in the Permian Basin. It serves as the general partner of the company. The company was founded in 2013 and is based in Fort Worth, Texas.

Sector: Energy 路 Industry: Oil & Gas Exploration & Production

Why This Stock Is Doubtful

  • Debt is 30.0% of market cap, only 0.0 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
B+

Good

Good compliance with minor concerns

73Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap30.0% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 14, 2026Fiscal: Q1 2026Source: EDGAR

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Financial Overview

Market Cap

1.5B

Price

$15.26

Sector

Energy

Industry

Oil & Gas Exploration & Production

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Frequently Asked Questions

Is Kimbell Royalty Partners, LP (KRP) halal to invest in?
Kimbell Royalty Partners, LP (KRP) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Kimbell Royalty Partners, LP get a B+ compliance rating?
Kimbell Royalty Partners, LP (KRP) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 30.0% (limit 30%); interest-bearing deposits of 2.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Kimbell Royalty Partners, LP's Shariah verdict?
Kimbell Royalty Partners, LP's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Kimbell Royalty Partners, LP re-screened for Shariah compliance?
Kimbell Royalty Partners, LP (KRP) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 14, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.