Is SAN JUAN BASIN ROYALTY TRUST (SJT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 0.3% / 30% | 0.0% / 30% | 1.24% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 0.3% / 33% | 0.0% / 33% | 1.24% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 22.1% / 33% | 0.0% / 33% | 1.24% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 0.3% / 33% | 0.0% / 33% | 1.24% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 22.1% / 33% | 0.0% / 50% | 1.24% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -29910.1% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -10.8% | |
| Return on Assets (ROA) | -18.2% |
Cash Flow & Balance Sheet
| Debt-to-Equity | 11.4 |
| Total Assets | $3M |
Price & Trading
| Last Close | $5.15 |
| 50-Day MA | $5.46 |
| 200-Day MA | $5.76 |
| Avg Volume | 212K |
| Beta | 0.8 |
|
52-Week Range
$4.55
| |
About SAN JUAN BASIN ROYALTY TRUST (SJT)
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico. San Juan Basin Royalty Trust was incorporated in 1980 and is based in Dallas, Texas.
Purification Calculator
As a halal stock with 1.24% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is SAN JUAN BASIN ROYALTY TRUST (SJT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SAN JUAN BASIN ROYALTY TRUST 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 SAN JUAN BASIN ROYALTY TRUST's debt ratio?
SAN JUAN BASIN ROYALTY TRUST's debt ratio is 0.0% 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 0.0%.
Does SAN JUAN BASIN ROYALTY TRUST require dividend purification?
Yes, SAN JUAN BASIN ROYALTY TRUST has an impermissible income ratio of 1.24%, which means 1.24% 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 SAN JUAN BASIN ROYALTY TRUST's key financial metrics?
SAN JUAN BASIN ROYALTY TRUST has a market capitalization of $238M, and revenue of $7M. Return on equity stands at -10.8%.
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.