What is IperionX Limited's Shariah compliance score?

IperionX Limited (IPX) has a Shariah compliance score of 93/100 (Grade: A+, Excellent) 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 IperionX Limited pass AAOIFI screening?

IperionX Limited (IPX) 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% (IPX: 0.6%), (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 IperionX Limited 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 IperionX Limited (IPX) using the latest financial data.

Where can I screen IperionX Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for IperionX Limited (IPX) 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 IPX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

IPX: Is IperionX Limited Halal?

IperionX Limited

NASDAQBasic MaterialsUS

$21.58

-3.01%

Market Cap: 724.2M

Compliance Status

Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

A+

Excellent

93Score

Is IperionX Limited (IPX) halal? Halal. Based on AAOIFI screening, IperionX Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

Quote this verdict

HalalScreener rates IperionX Limited (IPX) Halal, 93/100, grade A+ under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/IPX

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%.

0.6% of 30.0% limit

What this means for you

You can own IPX

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

Purification amount is Pro

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

About IperionX Limited

IperionX Limited primarily focuses on discovering and developing mineral resource sites. The company's geological surveys seek out valuable deposits, specifically targeting epithermal and replacement-style precious and base metals, alongside titanium, rare earth elements, silica sand, and zircon. It possesses complete ownership of the Milford project, which consists of 101 claims within Utah, United States. Additionally, IperionX fully controls the Titan project, an approximately 6,000-acre area located in Tennessee, United States. Established in 2017, the enterprise was initially known as Hyperion Metals Limited, subsequently changing its name to IperionX Limited in February 2022. Its corporate headquarters are based in Charlotte, North Carolina.

Sector: Basic Materials · Industry: Other Precious Metals

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 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

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Frequently Asked Questions

Is IperionX Limited (IPX) halal to invest in?

Based on AAOIFI Standard 21 screening, IperionX Limited (IPX) is rated Halal with a compliance grade of A+ (Excellent). 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 IperionX Limited get a A+ compliance rating?

IperionX Limited (IPX) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change IperionX Limited's Shariah verdict?

IperionX Limited'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 IperionX Limited re-screened for Shariah compliance?

IperionX Limited (IPX) 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: Sep 1, 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.