Is KNOT Offshore Partners LP (KNOP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 243.3% / 30% | 18.0% / 30% | 3.1% / 30% | 1.14% / 5% | ✗ NOT HALAL |
| DJIM | 243.3% / 33% | 18.0% / 33% | 3.1% / 33% | 1.14% / 5% | ✗ NOT HALAL |
| MSCI | 57.6% / 33% | 4.3% / 33% | 0.7% / 33% | 1.14% / 5% | ✗ NOT HALAL |
| S&P | 243.3% / 33% | 18.0% / 33% | 3.1% / 33% | 1.14% / 5% | ✗ NOT HALAL |
| FTSE | 57.6% / 33% | 4.3% / 33% | 0.7% / 50% | 1.14% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 63.2% | |
| Operating Margin | 29.7% | |
| Net Margin | 6.4% | |
| Return on Equity (ROE) | 3.8% | |
| Return on Assets (ROA) | 4.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $137M |
| Free Cash Flow | $136M |
| Total Debt | $906M |
| Debt-to-Equity | 153.9 |
| Current Ratio | 0.3 |
| Total Assets | $1.6B |
Price & Trading
| Last Close | $9.91 |
| 50-Day MA | $10.39 |
| 200-Day MA | $9.05 |
| Avg Volume | 107K |
| Beta | -0.2 |
|
52-Week Range
$5.45
| |
About KNOT Offshore Partners LP (KNOP)
KNOT Offshore Partners LP acquires, owns, and operates shuttle tankers under long-term charters in the North Sea and Brazil. It provides loading, transportation, and discharge of crude oil under time charters and bareboat charters. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
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Frequently Asked Questions
Is KNOT Offshore Partners LP (KNOP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), KNOT Offshore 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 KNOT Offshore Partners LP's debt ratio?
KNOT Offshore Partners LP's debt ratio is 243.3% 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 57.6%.
What are KNOT Offshore Partners LP's key financial metrics?
KNOT Offshore Partners LP has a market capitalization of $361M, trailing P/E ratio of 15.0, and revenue of $319M. The company maintains a gross margin of 63.2% and a net margin of 6.4%. Return on equity stands at 3.8%.
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.