What is Fermi Inc. Common Stock's Shariah compliance score?

Fermi Inc. Common Stock (FRMI) has a Shariah compliance score of 86/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Fermi Inc. Common Stock pass AAOIFI screening?

Fermi Inc. Common Stock (FRMI) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (FRMI: 4.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Fermi Inc. Common Stock stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Fermi Inc. Common Stock (FRMI) using the latest financial data.

Where can I screen Fermi Inc. Common Stock for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Fermi Inc. Common Stock (FRMI) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about FRMI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

FRMI: Is Fermi Inc. Common Stock Halal?

Fermi Inc. Common Stock

NASDAQUtilitiesUS

$6.18

-0.16%

Market Cap: 3.9B

Compliance Status

Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Very Good

86Score

Is Fermi Inc. Common Stock (FRMI) halal? Halal. Based on AAOIFI screening, Fermi Inc. Common Stock passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 86/100 (Grade: A).

Quote this verdict

HalalScreener rates Fermi Inc. Common Stock (FRMI) Halal, 86/100, grade A under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/FRMI

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

4.1% of 30.0% limit

What this means for you

You can own FRMI

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

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

About Fermi Inc. Common Stock

Fermi Inc. is dedicated to establishing essential energy infrastructure. The company plans to build an integrated campus that combines energy production with data center facilities, designed to meet the significant requirements of forthcoming artificial intelligence infrastructure. Co-founded by Rick Perry, Toby Neugebauer, and Griffin Perry, the firm was established on January 10, 2025, and operates from its headquarters in Amarillo, Texas.

Sector: Utilities · Industry: Regulated Electric

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Halalnow
since Aug 2026
Under Review
until the change above
Halal
until the change above

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

Fiscal: FY 2025Data source: FMP

More Utilities Stocks

NEE

NextEra Energy, Inc.

The Southern Company

DUK

Duke Energy Corporation

AEP

American Electric Power Company, Inc.

SRE

Sempra

Dominion Energy, Inc.

Free · No credit card required

Track FRMI and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Fermi Inc. Common Stock (FRMI) halal to invest in?

Based on AAOIFI Standard 21 screening, Fermi Inc. Common Stock (FRMI) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Fermi Inc. Common Stock get a A compliance rating?

Fermi Inc. Common Stock (FRMI) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Fermi Inc. Common Stock's Shariah verdict?

Fermi Inc. Common Stock'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 Fermi Inc. Common Stock re-screened for Shariah compliance?

Fermi Inc. Common Stock (FRMI) 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.