Is Uranium Energy Corp. (UEC) halal? Doubtful. Based on AAOIFI screening, Uranium Energy Corp. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 76/100 (Grade: B+).

Uranium Energy Corp.

UEC: Is Uranium Energy Corp. Halal?

Doubtful

Uranium Energy Corp.

AMEXEnergyUS

$11.67

-0.85%

Purify ~4.3% of income

About Uranium Energy Corp.

Uranium Energy Corp. (UEC) and its subsidiaries are involved in every stage of the uranium and titanium concentrate production cycle, from initial exploration and preparatory work to extraction and final processing. These activities take place across the United States, Canada, and Paraguay. The company possesses ownership interests in various projects, including the Palangana mine, along with the Goliad, Burke Hollow, Longhorn, and Salvo projects, all located in Texas. Additional U.S. holdings comprise the Anderson, Workman Creek, and Los Cuatros projects in Arizona; the Slick Rock project in Colorado; and the Reno Creek project in Wyoming. Internationally, UEC operates the Diabase project in Canada and manages titanium-focused initiatives such as Yuty, Oviedo, and Alto Paran谩 in Paraguay. Established in 2003 under its previous name, Carlin Gold Inc., the company rebranded as Uranium Energy Corp. in January 2005 and maintains its principal offices in Corpus Christi, Texas.

Sector: Energy 路 Industry: Uranium

Why This Stock Is Doubtful

  • Non-compliant income is 4.3% of revenue, only 0.7 points below the 5% 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 17, 2026
B+

Good

Good compliance with minor concerns

76Score

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 Cap0.0% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Halal

    until the change above

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

Screened: Jun 17, 2026Fiscal: Q3 2026Source: FMP

Purify Your UEC Dividends

4.3% non-compliant income

UEC has 4.3% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

5.8B

Price

$11.67

Sector

Energy

Industry

Uranium

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Frequently Asked Questions

Is Uranium Energy Corp. (UEC) halal to invest in?
Uranium Energy Corp. (UEC) 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 Uranium Energy Corp. get a B+ compliance rating?
Uranium Energy Corp. (UEC) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 2.6% (limit 30%); prohibited income of 4.33% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Uranium Energy Corp.'s Shariah verdict?
Uranium Energy Corp.'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 Uranium Energy Corp. re-screened for Shariah compliance?
Uranium Energy Corp. (UEC) 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 17, 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.