Aemetis, Inc.

AMTX: Is Aemetis, Inc. Halal?

Aemetis, Inc.

NASDAQBasic MaterialsUS

$1.74

+2.06%

Market Cap: 122.1M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Aemetis, Inc. (AMTX) halal? Not Halal. Based on AAOIFI screening, Aemetis, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

276.1% of 30.0% limit

What this means for you

Most scholars advise not holding AMTX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Aemetis, Inc.

Aemetis, Inc. is an enterprise specializing in renewable natural gas and sustainable fuels, conducting operations across North America and India. The company's business activities are structured into three primary divisions: California Ethanol, Dairy Renewable Natural Gas, and India Biodiesel. A core objective for Aemetis is the procurement, development, and market launch of innovative products and technologies that offer negative carbon intensity, serving as eco-friendly alternatives to traditional petroleum-based goods. Its biodiesel products are distributed to a diverse range of customers, including government oil marketing agencies, transportation companies, various resellers, distributors, and private refiners. These sales are facilitated through both its in-house sales team and independent sales agents, as well as via brokers who then supply end-users. Beyond biodiesel, the company also produces and markets ethanol. Furthermore, Aemetis creates and supplies valuable co-products for animal feed, such as wet distillers grains, distillers corn oil, and condensed distillers solubles, to dairies and feedlots. The company's offerings also encompass the generation of dairy biogas, the production and sale of high-grade alcohol, various feed products, and hand sanitizers. Aemetis actively invests in research and development, particularly focusing on advanced conversion technologies that transform waste feedstocks into biofuels and biochemicals. Founded in 2005, the company initially operated as AE Biofuels, Inc. before officially adopting the name Aemetis, Inc. in November 2011. Its corporate headquarters are located in Cupertino, California.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

Business Activity Screen

Failed

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

  • Prohibited activity detected: alcohol

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Basic Materials

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

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Frequently Asked Questions

Is Aemetis, Inc. (AMTX) halal to invest in?
Aemetis, Inc. (AMTX) 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 Aemetis, Inc. get a F compliance rating?
Aemetis, Inc. (AMTX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 276.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Aemetis, Inc.'s Shariah verdict?
Aemetis, 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 Aemetis, Inc. re-screened for Shariah compliance?
Aemetis, Inc. (AMTX) 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: Aug 12, 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.