What is Anterix Inc.'s Shariah compliance score?

Anterix Inc.'s (ATEX) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Anterix Inc. pass AAOIFI screening?

Anterix Inc. (ATEX) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ATEX: 0.3%), (3) interest-bearing deposits below 30% (ATEX: 3.9%), and (4) prohibited income below 5% (ATEX: 36.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Anterix Inc. stock?

Anterix Inc. (ATEX) has a non-permissible income ratio of 36.90%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ATEX shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Anterix Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Anterix Inc. (ATEX) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ATEX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Anterix Inc. (ATEX) halal? Not Halal. Based on AAOIFI screening, Anterix Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

ATEX: Is Anterix Inc. Halal?

Not Halal

Anterix Inc.

NASDAQCommunication ServicesUS

$66.24

-0.60%

AvoidBorderlineClean

About Anterix Inc.

Anterix Inc. operates as a specialist in wireless communications, primarily focusing on monetizing its distinct radio spectrum holdings. The company's main objective is to empower essential utility and critical infrastructure clients by enabling them to deploy bespoke broadband networks, advanced technologies, and tailored solutions. Anterix holds exclusive licenses for 900 MHz spectrum, which provides extensive coverage throughout the continental United States, as well as Alaska, Hawaii, and Puerto Rico. Originally established in 1997, the firm was formerly recognized as pdvWireless, Inc. before officially rebranding to Anterix Inc. in August 2019. Its corporate headquarters are located in Woodland Park, New Jersey.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.3% / 30.0%

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

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

Screened: Jun 16, 2026Fiscal: Q3 2026Source: EDGAR

Financial Overview

Market Cap

1.2B

Price

$66.24

Sector

Communication Services

Industry

Telecommunications Services

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$6.17

-8.59%

RDDTA+

Reddit, Inc.

$181.88

+12.20%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

CHTA+

Chunghwa Telecom Co., Ltd.

$45.52

-1.62%

OPRAA

Opera Limited

$18.34

-3.81%

More Communication Services Stocks

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B+

Verizon Communications Inc.

AT&T Inc.

CMCSA

Comcast Corporation

Electronic Arts Inc.

B+

Free · No credit card required

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Frequently Asked Questions

Is Anterix Inc. (ATEX) halal to invest in?

Anterix Inc. (ATEX) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Anterix Inc. get a F compliance rating?

Anterix Inc. (ATEX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.3% (limit 30%); interest-bearing deposits of 3.9% (limit 30%); prohibited income of 36.90% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Anterix Inc.'s Shariah verdict?

Anterix 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 Anterix Inc. re-screened for Shariah compliance?

Anterix Inc. (ATEX) 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 16, 2026.

Screened according to AAOIFI Standard No. 21 · 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.