AWX: Is Avalon Holdings Corporation Halal?
Avalon Holdings Corporation
$2.57
Market Cap: 10.0M
Compliance Status
Not Halal
Screened on Sep 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is Avalon Holdings Corporation (AWX) halal? Not Halal. Based on AAOIFI screening, Avalon Holdings Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Avalon Holdings Corporation (AWX) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/AWX
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding AWX
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
Get an email if AWX's halal status changes
We re-screen Avalon Holdings Corporation daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Avalon Holdings Corporation
Avalon Holdings Corporation (AWX) is an American company specializing in environmental services for a diverse client base spanning industrial, commercial, municipal, and government sectors. The company's operations are divided into two primary divisions: Waste Management Services, and Golf and Related Operations. Within its Waste Management Services segment, the company facilitates the brokerage and management of both hazardous and non-hazardous waste disposal. This includes overseeing captive landfill operations and engaging in saltwater injection well activities. Additionally, this division delivers comprehensive turnkey solutions encompassing daily operational oversight, facility management, and detailed reporting, alongside the sale of construction mats. The Golf and Related Operations segment is responsible for the operation and management of four golf courses, complete with their clubhouses, in addition to a hotel and a travel agency. These golf and country club venues offer a wide array of amenities, such as swimming pools, fitness centers, tennis courts, dining options, banquet and conference spaces, and spa treatments. Furthermore, the company owns and operates The Grand Resort, a hotel that boasts an extensive suite of facilities, including accommodations, indoor and outdoor swimming pools, a bathhouse, fitness center, restaurants, bars, a cigar lounge, a salon and spa, banquet and conference facilities, and an adjacent tennis center. Established in 1998, Avalon Holdings Corporation maintains its corporate headquarters in Warren, Ohio.
Sector: Industrials · Industry: Waste Management
Why this does not pass
- Interest-bearing debt is 276.5% of market cap, over the 30% AAOIFI limit.
- Interest-bearing deposits are over the 30% limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why AWX is rated Not Halal with institutional-grade analysis
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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.
Halal Alternatives in Industrials
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Industrials Stocks
Track AWX and 8,200+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Avalon Holdings Corporation (AWX) halal to invest in?
Why did Avalon Holdings Corporation get a F compliance rating?
What could change Avalon Holdings Corporation's Shariah verdict?
How often is Avalon Holdings Corporation re-screened for Shariah compliance?
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.