USAC

USA Compression Partners

DOUBTFUL — SCREEN DOES NOT PASSstock

Is USAC Halal?

Natural gas compression equipment — supports gas industry.

What You Should Know

USA Compression supplies compressor stations for natural gas. Equipment is permissible but serves fossil fuel industry. Its March 31, 2026 Form 10-Q reports $3,734.442 million of assets, $2,980.327 million of interest-bearing debt, $14.522 million of cash, $162.875 million of receivables and $331.275 million of quarterly revenue. Debt/assets is 79.81%, liquidity/assets is 0.39%, and receivables-plus-cash/assets is 4.75%; interest income is not separately disclosed.

⚠️ Concerns

  • Serves oil/gas (environmental concern)
  • High debt from partnerships
  • Debt/assets exceeds the examined limits
  • Non-compliant income not separately disclosed

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
79.81%Above limit
Below 33.333% under FTSE Yasaar

2,980.327 / 3,734.442

Cash + interest-bearing securities / assets
0.39%Within limit
Below 33.333% under FTSE Yasaar

14.522 / 3,734.442

Receivables + cash / assets
4.75%Within limit
Below 50% under FTSE Yasaar

177.397 / 3,734.442

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt/assets is 79.81%, above the 33.333% limit; liquidity/assets is 0.39% and receivables-plus-cash/assets is 4.75%.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Debt/assets is 79.81%, above the examined MSCI 33.33% limit; liquidity/assets is 0.39% and receivables-plus-cash/assets is 4.75%.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Debt/assets is 79.81%, above the examined 33% limit; liquidity/assets is 0.39% and receivables-plus-cash/assets is 4.75%.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A properly licensed and reproducible historical market-cap series is not stored; filing-based asset ratios remain documented.

Business-activity disclosure

USA Compression provides natural-gas compression services. The equipment and service activity is not itself a prohibited product, while fossil-fuel end use, customer mix and partnership financing require qualitative review.

Limitation: The filing does not provide a universal prohibited-activity revenue numerator or separate non-compliant income amount.

Purification

Interest income and a complete prohibited-activity numerator are not separately disclosed in the examined filing, so purification cannot be quantified from this source.

Inputs, assumptions and primary sources
  • Amounts are USD millions from USA Compression's March 31, 2026 Form 10-Q.
  • Long-term debt, net is $2,980.327 million; operating lease liabilities are excluded.
  • Cash and cash equivalents are $14.522 million and no interest-bearing securities line is reported.
  • Trade accounts receivable of $151.083 million plus related-party receivables of $11.792 million are used; quarterly revenue is $331.275 million.
  • Compression services support natural-gas infrastructure; fossil-fuel end use and partnership structure require qualitative review.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

🧾
Own USAC? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track USAC and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →