Is GLOBAL PARTNERS LP (GLP-PB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 53.5% / 33% | 0.2% / 33% | 12.6% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 53.5% / 33% | 0.2% / 33% | 12.6% / 50% | 0.04% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 6.0% | |
| Operating Margin | 1.2% | |
| Net Margin | 0.4% | |
| Return on Equity (ROE) | 14.1% | |
| Return on Assets (ROA) | 3.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $285M |
| Free Cash Flow | $193M |
| Total Debt | $2.1B |
| Debt-to-Equity | 307.3 |
| Current Ratio | 1.1 |
| Total Assets | $3.9B |
Price & Trading
| Last Close | $25.45 |
| 50-Day MA | $25.53 |
| 200-Day MA | $25.74 |
| Avg Volume | 8K |
| Beta | 1.0 |
|
52-Week Range
$25.24
| |
About GLOBAL PARTNERS LP (GLP-PB)
Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to retailers and wholesale distributors. This segment transports the products by railcars, barges, trucks and/or pipelines. The GDSO segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates convenience stores and prepared food sales; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector; and sells custom blended fuels. The company is involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.
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Frequently Asked Questions
Is GLOBAL PARTNERS LP (GLP-PB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GLOBAL PARTNERS LP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is GLOBAL PARTNERS LP's debt ratio?
GLOBAL PARTNERS LP's debt ratio is not available 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 53.5%.
What are GLOBAL PARTNERS LP's key financial metrics?
GLOBAL PARTNERS LP has a market capitalization of N/A, trailing P/E ratio of 11.2, and revenue of $18.6B. The company maintains a gross margin of 6.0% and a net margin of 0.4%. Return on equity stands at 14.1%.
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.