Is The Andersons, Inc. (ANDE) halal? Halal. Based on AAOIFI screening, The Andersons, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 57/100 (Grade: C+).

The Andersons, Inc.

ANDE: Is The Andersons, Inc. Halal?

Halal

The Andersons, Inc.

NASDAQConsumer DefensiveUS

$72.97

+0.08%

Purify ~0.7% of income

About The Andersons, Inc.

The Andersons, Inc., an agriculture company, operates in trade, renewables, and plant nutrient sectors in the United States and internationally. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services to its customers and affiliated ethanol facilities. This segment also engages in the commodity merchandising business, as well as offers logistics for physical commodities, such as whole grains, grain products, feed ingredients, domestic fuel products, and other agricultural commodities. Its Renewables segment produces, purchases, and sells ethanol, and co-products, as well as offers facility operations, risk management, and ethanol and coproducts marketing services to the ethanol plants it invests in and operates. The company's Plant Nutrient segment manufactures, distributes, and retails agricultural and related plant nutrients, corncob-based products, and pelleted lime and gypsum products; and crop nutrients, crop protection chemicals, and seed products, as well as provides application and agronomic services to commercial and family farmers. It also offers warehousing, packaging, and manufacturing services to nutrient producers and other distributors; and manufactures and distributes various industrial products, such as nitrogen reagents for air pollution control systems that are used in coal-fired power plants, and water treatment and dust abatement products. In addition, this segment produces corncob-based products for laboratory animal bedding and private-label cat litter, as well as absorbents, blast cleaners, carriers, and polishers; professional lawn care products for golf course and turf care markets; fertilizer and weed and pest control products; pelleted lime, gypsum, and value add soil amendments; and specialty ag liquids, seed starters, zinc, and industrial liquids. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio.

Sector: Consumer Defensive 路 Industry: Food Distribution

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
C+

Fair

Some financial ratios approaching limits

57Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap24.9% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your ANDE Dividends

0.7% non-compliant income

ANDE has 0.7% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

2.5B

Price

$72.97

Sector

Consumer Defensive

Industry

Food Distribution

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Frequently Asked Questions

Is The Andersons, Inc. (ANDE) halal to invest in?
Based on AAOIFI Standard 21 screening, The Andersons, Inc. (ANDE) is rated Halal with a compliance grade of C+ (Fair). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did The Andersons, Inc. get a C+ compliance rating?
The Andersons, Inc. (ANDE) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 24.9% (limit 30%); interest-bearing deposits of 23.0% (limit 30%); prohibited income of 0.68% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change The Andersons, Inc.'s Shariah verdict?
The Andersons, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is The Andersons, Inc. re-screened for Shariah compliance?
The Andersons, Inc. (ANDE) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.