The Andersons, Inc.

ANDE: Is The Andersons, Inc. Halal?

The Andersons, Inc.

NASDAQConsumer DefensiveUS

$68.06

+1.10%

Market Cap: 2.3B

Compliance Status

Doubtful

Screened on Aug 31, 2026 · AAOIFI Standard 21

B+

Good

75Score

Is The Andersons, Inc. (ANDE) halal? Doubtful. Based on AAOIFI screening, The Andersons, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 75/100 (Grade: B+).

Quote this verdict

HalalScreener rates The Andersons, Inc. (ANDE) Doubtful, 75/100, grade B+ under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/ANDE

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

25.5% of 30.0% limit

What this means for you

You may own ANDE, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened ANDE's prohibited income, but the exact share you would need to purify is part of Pro.

About The Andersons, Inc.

The Andersons, Inc. is a diversified company rooted in agriculture, conducting business in commodity merchandising, renewables, and plant nutrient sectors. The company's operations include purchasing, storing, and selling grain, as well as manufacturing and distributing agricultural nutrients, chemicals, and other farm supplies. It also produces ethanol and provides railcar leasing and repair services.

Sector: Consumer Defensive · Industry: Agricultural Farm Products

Why This Stock Is Doubtful

  • Debt is 25.5% of market cap, only 4.5 points below the 30% AAOIFI 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 Aug 31, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. Halal

    until the change above

  3. Doubtful

    until the change above

  4. Halal

    until the change above

  5. Doubtful

    until the change above

  6. Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is The Andersons, Inc. (ANDE) halal to invest in?
The Andersons, Inc. (ANDE) 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 The Andersons, Inc. get a B+ compliance rating?
The Andersons, Inc. (ANDE) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 25.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change The Andersons, Inc.'s Shariah verdict?
The Andersons, 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 The Andersons, Inc. re-screened for Shariah compliance?
The Andersons, Inc. (ANDE) 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 31, 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.