Is CROSS TIMBERS ROYALTY TRUST (CRT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 2.4% / 30% | 0.0% / 30% | 0.92% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 2.4% / 33% | 0.0% / 33% | 0.92% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 36.0% / 33% | 0.1% / 33% | 0.92% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 2.4% / 33% | 0.0% / 33% | 0.92% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 36.0% / 33% | 0.1% / 50% | 0.92% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 77.9% | |
| Net Margin | 79.1% | |
| Return on Equity (ROE) | 188.8% | |
| Return on Assets (ROA) | 75.9% |
Cash Flow & Balance Sheet
| Current Ratio | 1.0 |
| Total Assets | $4M |
Price & Trading
| Last Close | $9.99 |
| 50-Day MA | $9.08 |
| 200-Day MA | $8.64 |
| Avg Volume | 33K |
| Beta | 0.1 |
|
52-Week Range
$7.07
| |
About CROSS TIMBERS ROYALTY TRUST (CRT)
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. The company was founded in 1991 and is headquartered in Dallas, Texas.
Purification Calculator
As a halal stock with 0.92% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is CROSS TIMBERS ROYALTY TRUST (CRT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CROSS TIMBERS ROYALTY TRUST 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 CROSS TIMBERS ROYALTY TRUST's debt ratio?
CROSS TIMBERS ROYALTY TRUST's debt ratio is 0.0% 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 0.0%.
Does CROSS TIMBERS ROYALTY TRUST require dividend purification?
Yes, CROSS TIMBERS ROYALTY TRUST has an impermissible income ratio of 0.92%, which means 0.92% 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 CROSS TIMBERS ROYALTY TRUST's key financial metrics?
CROSS TIMBERS ROYALTY TRUST has a market capitalization of $64M, trailing P/E ratio of 14.4, and revenue of $7M. The company maintains a gross margin of 100.0% and a net margin of 79.1%. Return on equity stands at 188.8%.
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.