
ACNT: Is Ascent Industries Co. Halal?
Ascent Industries Co.
$15.08
+1.21%
Market Cap: 136.3M
Compliance Status
Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Good
Is Ascent Industries Co. (ACNT) halal? Halal. Based on AAOIFI screening, Ascent Industries Co. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own ACNT
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened ACNT's prohibited income, but the exact share you would need to purify is part of Pro.
About Ascent Industries Co.
Ascent Industries Co. engages in the development, production, and distribution of specialty chemical solutions. It offers surfactants, defoamers, lubricating agents, flame retardants, and specialty intermediates in petroleum-based and bio-based formulations. The company also provides custom manufacturing services, including product development, process optimization, scale-up, and commercial production. It serves the oil and gas; household, industrial and institutional; personal care; coatings, adhesives, sealants and elastomers; pulp and paper; textile; automotive; agricultural; water treatment; construction; and other industries. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Schaumburg, Illinois.
Sector: Basic Materials · Industry: Chemicals
Shariah Compliance Status
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.