Is PEMBINA PIPELINE CORP (PBA) Halal?

NYSE Energy Canada $26.6B
✗ NOT HALAL
Confidence: 90/100
PEMBINA PIPELINE CORP (PBA) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 51.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. PEMBINA PIPELINE CORP operates in the Energy sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 51.5%
/ 30%
0.5%
/ 30%
4.2%
/ 30%
0.62%
/ 5%
✗ NOT HALAL
DJIM 51.5%
/ 33%
0.5%
/ 33%
4.2%
/ 33%
0.62%
/ 5%
✗ NOT HALAL
MSCI 37.0%
/ 33%
0.4%
/ 33%
3.0%
/ 33%
0.62%
/ 5%
✗ NOT HALAL
S&P 51.5%
/ 33%
0.5%
/ 33%
4.2%
/ 33%
0.62%
/ 5%
✗ NOT HALAL
FTSE 37.0%
/ 33%
0.4%
/ 33%
3.0%
/ 50%
0.62%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
23.7
Forward: 20.8
EPS
$1.93
Dividend Yield
451.0%
Payout: 106.0%
P/B Ratio
2.5
EV/EBITDA
12.1
EV: $41.5B
Revenue
$7.8B
Growth: -10.8%
Beta
0.8
Low volatility
Current Ratio
0.6

Profitability

Gross Margin 38.4%
Operating Margin 27.0%
Net Margin 21.8%
Return on Equity (ROE) 9.9%
Return on Assets (ROA) 4.4%

Cash Flow & Balance Sheet

Operating Cash Flow$3.3B
Free Cash Flow$2.5B
Total Debt$13.3B
Debt-to-Equity79.4
Current Ratio0.6
Total Assets$35.6B

Price & Trading

Last Close$45.69
50-Day MA$43.20
200-Day MA$39.30
Avg Volume1.5M
Beta0.8
52-Week Range
$34.13
$46.20

About PEMBINA PIPELINE CORP (PBA)

CEO
Mr. J. Scott Burrows C.F.A.
Employees
2,974
Sector
Energy
Industry
Oil & Gas Midstream
Country
Canada
Exchange
NYSE
Market Cap
$26.6B
Currency
USD

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 3.0 million of barrels of oil equivalent per day, and the ground storage capacity of 10 million of barrels serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with crude oil, natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 430 thousands of barrels of NGL fractionation capacity, 21 million of barrels of cavern storage capacity, and various oil batteries, associated pipeline, and rail terminalling facilities and a liquefied propane export facility. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.

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Frequently Asked Questions

Is PEMBINA PIPELINE CORP (PBA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PEMBINA PIPELINE CORP 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 PEMBINA PIPELINE CORP's debt ratio?

PEMBINA PIPELINE CORP's debt ratio is 51.5% 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 37.0%.

What are PEMBINA PIPELINE CORP's key financial metrics?

PEMBINA PIPELINE CORP has a market capitalization of $26.6B, trailing P/E ratio of 23.7, and revenue of $7.8B. The company maintains a gross margin of 38.4% and a net margin of 21.8%. Return on equity stands at 9.9%.

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.