logo

Shariah compliance overview

Halal

Marine Petroleum Trust (MARPS) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Marine Petroleum Trust

Marine Petroleum Trust, in conjunction with its subsidiary Marine Petroleum Corporation, operates as a royalty trust within the United States. As of June 30, 2021, its portfolio encompassed an overriding royalty interest in 55 distinct oil and natural gas leases.

Marine Petroleum Trust (MARPS) operates in the Energy sector, in the Oil & Gas Midstream industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 1.88% (limit 5%), interest-bearing debt is 0.00% (limit 30%) and interest-bearing securities and assets are 10.87% (limit 30%).

If you hold MARPS, give 1.88% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
1.88%Limit 5%Pass
Interest-bearing debt
0.00%Limit 30%Pass
Interest-bearing securities and assets
10.87%Limit 30%Pass
Dividend purification
1.88%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about Marine Petroleum Trust (MARPS). Current Akinda screening label: Halal.