Is Black Stone Minerals, L.P. (BSM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.8% / 30% | 0.0% / 30% | 2.0% / 30% | 0.06% / 5% | ✓ HALAL |
| DJIM | 4.8% / 33% | 0.0% / 33% | 2.0% / 33% | 0.06% / 5% | ✓ HALAL |
| MSCI | 11.7% / 33% | 0.1% / 33% | 4.9% / 33% | 0.06% / 5% | ✓ HALAL |
| S&P | 4.8% / 33% | 0.0% / 33% | 2.0% / 33% | 0.06% / 5% | ✓ HALAL |
| FTSE | 11.7% / 33% | 0.1% / 33% | 4.9% / 50% | 0.06% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 87.7% | |
| Operating Margin | 82.7% | |
| Net Margin | 74.8% | |
| Return on Equity (ROE) | 26.6% | |
| Return on Assets (ROA) | 15.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $310M |
| Free Cash Flow | $191M |
| Total Debt | $156M |
| Debt-to-Equity | 13.6 |
| Current Ratio | 3.9 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $15.32 |
| 50-Day MA | $15.01 |
| 200-Day MA | $13.58 |
| Avg Volume | 413K |
| Beta | 0.2 |
|
52-Week Range
$11.78
| |
About Black Stone Minerals, L.P. (BSM)
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.
Purification Calculator
As a halal stock with 0.06% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Black Stone Minerals, L.P. (BSM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Black Stone Minerals, L.P. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Black Stone Minerals, L.P.'s debt ratio?
Black Stone Minerals, L.P.'s debt ratio is 4.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 11.7%.
Does Black Stone Minerals, L.P. require dividend purification?
Yes, Black Stone Minerals, L.P. has an impermissible income ratio of 0.06%, which means 0.06% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Black Stone Minerals, L.P.'s key financial metrics?
Black Stone Minerals, L.P. has a market capitalization of $3.2B, trailing P/E ratio of 11.8, and revenue of $422M. The company maintains a gross margin of 87.7% and a net margin of 74.8%. Return on equity stands at 26.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.