Is MARTIN MIDSTREAM PARTNERS L.P. (MMLP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 431.2% / 30% | 0.0% / 30% | 58.2% / 30% | 0.15% / 5% | ✗ NOT HALAL |
| DJIM | 431.2% / 33% | 0.0% / 33% | 58.2% / 33% | 0.15% / 5% | ✗ NOT HALAL |
| MSCI | 95.4% / 33% | 0.0% / 33% | 12.9% / 33% | 0.15% / 5% | ✗ NOT HALAL |
| S&P | 431.2% / 33% | 0.0% / 33% | 58.2% / 33% | 0.15% / 5% | ✗ NOT HALAL |
| FTSE | 95.4% / 33% | 0.0% / 33% | 12.9% / 50% | 0.15% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.4% | |
| Operating Margin | 6.4% | |
| Net Margin | -2.0% | |
| Return on Assets (ROA) | 5.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $46M |
| Free Cash Flow | $21M |
| Total Debt | $498M |
| Current Ratio | 1.0 |
| Total Assets | $522M |
Price & Trading
| Last Close | $2.58 |
| 50-Day MA | $2.78 |
| 200-Day MA | $2.89 |
| Avg Volume | 16K |
| Beta | 0.6 |
|
52-Week Range
$2.21
| |
About MARTIN MIDSTREAM PARTNERS L.P. (MMLP)
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, and storage services for petroleum products and by-products in the United States. It operates through four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company owns or operates various marine shore-based terminal facilities and specialty terminal facilities, as well as naphthenic lubricants refinery; and offers storage, refining, and handling services for producers and suppliers of petroleum products, handling services for molten sulfur and asphalt, land rental services to oil and gas companies, and storage and handling services for lubricants and fuels. It also engages in the operation of land and marine transportation assets that transport petroleum products and by-products, petrochemicals, and chemicals; and provides refinery and petrochemical services, including transportation of heavy tank bottoms by-products and other petroleum products, hauling natural gas liquids, molten sulfur, sulfuric acid, paper mill liquids, chemicals, and other bulk liquid commodities. In addition, the company processes and distributes molten sulfur into prilled or pelletized sulfur; owns and operates sulfur-based fertilizer production plants and an emulsified sulfur blending plant; and manufactures and markets sulfur-based fertilizer and related sulfur products, such as ammonium sulfate, liquid sulfur, plant nutrient sulfur, Industrial sulfur, and sulfuric acid. Further, it is involved in owning and operating facilities for the blending, processing, packaging, marketing and distribution of private label agricultural, automotive, and industrial lubricants, as well as commercial and industrial greases; selling and distributing natural gas liquids; and storing and transporting of natural gas liquids for wholesale deliveries. The company was founded in 1951 and is headquartered in Kilgore, Texas.
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Frequently Asked Questions
Is MARTIN MIDSTREAM PARTNERS L.P. (MMLP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MARTIN MIDSTREAM PARTNERS L.P. 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 MARTIN MIDSTREAM PARTNERS L.P.'s debt ratio?
MARTIN MIDSTREAM PARTNERS L.P.'s debt ratio is 431.2% 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 95.4%.
What are MARTIN MIDSTREAM PARTNERS L.P.'s key financial metrics?
MARTIN MIDSTREAM PARTNERS L.P. has a market capitalization of $98M, and revenue of $716M. The company maintains a gross margin of 19.4% and a net margin of -2.0%.
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.