What is Pembina Pipeline Corporation's Shariah compliance score?

Pembina Pipeline Corporation's (PBA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Pembina Pipeline Corporation pass AAOIFI screening?

Pembina Pipeline Corporation (PBA) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (PBA: 49.5%), (3) interest-bearing deposits below 30% (PBA: 0.4%), and (4) prohibited income below 5% (PBA: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Pembina Pipeline Corporation stock?

Pembina Pipeline Corporation (PBA) has a non-permissible income ratio of 0.14%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PBA shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Pembina Pipeline Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Pembina Pipeline Corporation (PBA) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PBA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Pembina Pipeline Corporation (PBA) halal? Not Halal. Based on AAOIFI screening, Pembina Pipeline Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

PBA: Is Pembina Pipeline Corporation Halal?

Not Halal

Pembina Pipeline Corporation

NYSEEnergyCA

$46.20

-1.93%

AvoidBorderlineClean

About Pembina Pipeline Corporation

Pembina Pipeline Corporation delivers vital transportation and midstream infrastructure solutions to the energy industry. Its business is organized into three principal divisions. The Pipelines segment oversees a vast network of conventional, oil sands, heavy oil, and transmission pipelines, capable of moving 3.1 million barrels of oil equivalent daily. This segment also includes 11 million barrels of surface storage and rail terminalling facilities with a capacity of approximately 105,000 barrels of oil equivalent per day, serving diverse energy markets and basins throughout North America. The Facilities segment offers essential processing and storage capabilities for natural gas, condensate, and various natural gas liquids (NGLs), such as ethane, propane, and butane. It features NGL fractionation capabilities of 354,000 barrels per day and 21 million barrels of underground cavern storage, supported by integrated pipeline and rail terminal assets. Lastly, the Marketing & New Ventures segment is involved in the procurement and sale of hydrocarbon liquids and natural gas, primarily originating from the Western Canadian Sedimentary Basin and other key producing areas. Established in 1954, Pembina Pipeline Corporation maintains its corporate headquarters in Calgary, Canada.

Sector: Energy · Industry: Oil & Gas Midstream

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap49.5% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

26.9B

Price

$46.20

Sector

Energy

Industry

Oil & Gas Midstream

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Pembina Pipeline Corporation (PBA) halal to invest in?

Pembina Pipeline Corporation (PBA) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Pembina Pipeline Corporation get a F compliance rating?

Pembina Pipeline Corporation (PBA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 49.5% (limit 30%); interest-bearing deposits of 0.4% (limit 30%); prohibited income of 0.14% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Pembina Pipeline Corporation's Shariah verdict?

Pembina Pipeline Corporation'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 Pembina Pipeline Corporation re-screened for Shariah compliance?

Pembina Pipeline Corporation (PBA) 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 18, 2026.

Screened according to AAOIFI Standard No. 21 · 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.