What is Pure Cycle Corporation's Shariah compliance score?

Pure Cycle Corporation's (PCYO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Pure Cycle Corporation pass AAOIFI screening?

Pure Cycle Corporation (PCYO) 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% (PCYO: 3.1%), (3) interest-bearing deposits below 30% (PCYO: 6.5%), and (4) prohibited income below 5% (PCYO: 13.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Pure Cycle Corporation stock?

Pure Cycle Corporation (PCYO) has a non-permissible income ratio of 13.04%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PCYO 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 Pure Cycle Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Pure Cycle Corporation (PCYO) 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 PCYO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

PCYO: Is Pure Cycle Corporation Halal?

Not Halal

Pure Cycle Corporation

NASDAQUtilitiesUS

$10.40

-0.76%

AvoidBorderlineClean

About Pure Cycle Corporation

Pure Cycle Corporation, a U.S.-based entity, manages the entire lifecycle of water and wastewater utility systems within the Denver metropolitan area and the broader Colorado Front Range. Its operations are primarily divided into two key segments: Wholesale Water and Wastewater Services, and Land Development. Through these divisions, the company is involved in the sourcing, storage, purification, and distribution of bulk water, alongside the collection and treatment of wastewater. Furthermore, it undertakes the development of master-planned communities and manages an oil and gas leasing portfolio. Its comprehensive services cater to residential, commercial, and industrial clients throughout the Denver metropolitan region. Established in 1976, Pure Cycle Corporation maintains its headquarters in Watkins, Colorado.

Sector: Utilities · Industry: Regulated Water

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 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 Cap3.1% / 30.0%

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

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

Screened: Jun 16, 2026Fiscal: Q2 2026Source: EDGAR

Financial Overview

Market Cap

250.7M

Price

$10.40

Sector

Utilities

Industry

Regulated Water

Halal Alternatives in Utilities

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

0011.KLA+

Brite-Tech Bhd

$0.27

+0.00%

3069.KLA+

Mega First Corporation Bhd

$2.97

+0.00%

5041.KLA+

PBA Holdings Bhd

$2.03

+0.00%

5209.KLA+

Gas Malaysia Bhd

$5.25

+0.00%

5264.KLA+

Malakoff Corporation Bhd

$0.87

+0.00%

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Dominion Energy, Inc.

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Frequently Asked Questions

Is Pure Cycle Corporation (PCYO) halal to invest in?

Pure Cycle Corporation (PCYO) 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 Pure Cycle Corporation get a F compliance rating?

Pure Cycle Corporation (PCYO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.1% (limit 30%); interest-bearing deposits of 6.5% (limit 30%); prohibited income of 13.04% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Pure Cycle Corporation's Shariah verdict?

Pure Cycle 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 Pure Cycle Corporation re-screened for Shariah compliance?

Pure Cycle Corporation (PCYO) 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 16, 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.