Is Intrepid Potash, Inc. (IPI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.5% / 30% | 7.4% / 30% | 4.1% / 30% | 0.67% / 5% | ✓ HALAL |
| DJIM | 0.5% / 33% | 7.4% / 33% | 4.1% / 33% | 0.67% / 5% | ✓ HALAL |
| MSCI | 0.4% / 33% | 7.1% / 33% | 3.9% / 33% | 0.67% / 5% | ✓ HALAL |
| S&P | 0.5% / 33% | 7.4% / 33% | 4.1% / 33% | 0.67% / 5% | ✓ HALAL |
| FTSE | 0.4% / 33% | 7.1% / 33% | 3.9% / 50% | 0.67% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 24.9% | |
| Operating Margin | 13.1% | |
| Net Margin | 4.7% | |
| Return on Equity (ROE) | 2.3% | |
| Return on Assets (ROA) | 2.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $56M |
| Free Cash Flow | $26M |
| Total Debt | $3M |
| Debt-to-Equity | 1.1 |
| Current Ratio | 4.4 |
| Total Assets | $632M |
Price & Trading
| Last Close | $42.62 |
| 50-Day MA | $36.75 |
| 200-Day MA | $31.55 |
| Avg Volume | 275K |
| Beta | 1.5 |
|
52-Week Range
$22.55
| |
About Intrepid Potash, Inc. (IPI)
Intrepid Potash, Inc. delivers potassium, magnesium, sulfur, salt, and water products. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as in agricultural market as a fertilizer input, in animal feed market as a nutrient supplement, in industrial market as a component in drilling and fracturing fluids, as well as input to other industrial processes. It also provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle; salt for various markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use as a road treatment agent for deicing and dedusting; brines for use in oil and gas industry to support well workover and completion activities; and metal recovery salts. The company was founded in 2000 and is based in Denver, Colorado.
Purification Calculator
As a halal stock with 0.67% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Intrepid Potash, Inc. (IPI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Intrepid Potash, Inc. 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 Intrepid Potash, Inc.'s debt ratio?
Intrepid Potash, Inc.'s debt ratio is 0.5% 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 0.4%.
Does Intrepid Potash, Inc. require dividend purification?
Yes, Intrepid Potash, Inc. has an impermissible income ratio of 0.67%, which means 0.67% 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 Intrepid Potash, Inc.'s key financial metrics?
Intrepid Potash, Inc. has a market capitalization of $624M, trailing P/E ratio of 54.7, and revenue of $298M. The company maintains a gross margin of 24.9% and a net margin of 4.7%. Return on equity stands at 2.3%.
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.