What is REX American Resources Corporation's Shariah compliance score?

REX American Resources Corporation (REX) has a Shariah compliance score of 65/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does REX American Resources Corporation pass AAOIFI screening?

REX American Resources Corporation (REX) partially passes with caution 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% (REX: 1.5%), (3) interest-bearing deposits below 30% (REX: 26.0%), and (4) prohibited income below 5% (REX: 2.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for REX American Resources Corporation stock?

REX American Resources Corporation (REX) has a non-permissible income ratio of 2.37%. Muslim investors should purify this percentage of any dividends received and capital gains realized from REX 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 REX American Resources Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for REX American Resources Corporation (REX) 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 REX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is REX American Resources Corporation (REX) halal? Doubtful. Based on AAOIFI screening, REX American Resources Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 65/100 (Grade: B).

REX: Is REX American Resources Corporation Halal?

Doubtful

REX American Resources Corporation

NYSEBasic MaterialsUS

$43.94

+2.19%

AvoidBorderlineClean

Purify ~2.4% of income

About REX American Resources Corporation

REX American Resources Corporation, along with its various subsidiaries, manufactures and distributes ethanol across the United States. The company's product portfolio extends to include corn, distillers grains, industrial-grade corn oil, gasoline, and natural gas. Notably, they also supply dry distillers grains with solubles, an important protein component used in animal feed. Established in 1980, the firm initially operated as REX Stores Corporation before adopting its present name, REX American Resources Corporation, in 2010. Its corporate base is situated in Dayton, Ohio.

Sector: Basic Materials · Industry: Chemicals - Specialty

Why This Stock Is Doubtful

Interest-bearing deposits are 26.0% of market cap, only 4.0 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026

Acceptable

Acceptable but room for improvement

65Score

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 Cap1.5% / 30.0%

Compliance History

Doubtfulnow
since Jun 2026
Halal
until the change above

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

Screened: Jun 14, 2026Fiscal: Q1 2026Source: FMP

Purify Your REX Dividends

2.4% non-compliant income

REX has 2.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

1.4B

Price

$43.94

Sector

Basic Materials

Industry

Chemicals - Specialty

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Frequently Asked Questions

Is REX American Resources Corporation (REX) halal to invest in?

REX American Resources Corporation (REX) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did REX American Resources Corporation get a B compliance rating?

REX American Resources Corporation (REX) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.5% (limit 30%); interest-bearing deposits of 26.0% (limit 30%); prohibited income of 2.37% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change REX American Resources Corporation's Shariah verdict?

REX American Resources Corporation'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 REX American Resources Corporation re-screened for Shariah compliance?

REX American Resources Corporation (REX) 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 14, 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.