What is Ramaco Resources, Inc.'s Shariah compliance score?

Ramaco Resources, Inc. (METCB) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Ramaco Resources, Inc. pass AAOIFI screening?

Ramaco Resources, Inc. (METCB) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. METCB's debt-to-market-cap is 121.7%.

How much purification is needed for Ramaco Resources, Inc.?

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 percentage and amount for Ramaco Resources, Inc. (METCB) using the latest financial data.

Where can I screen Ramaco Resources, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ramaco Resources, Inc. (METCB) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

METCBNot HalalF

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METCB: Is Ramaco Resources, Inc. Halal?

Ramaco Resources, Inc.

NASDAQEnergyUS

$4.50

Market Cap: 384.0M

Compliance Status

Not Halal

Screened on Sep 27, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Ramaco Resources, Inc. (METCB) halal? Not Halal. Based on AAOIFI screening, Ramaco Resources, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Ramaco Resources, Inc. (METCB) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 27, 2026. Source: https://halalscreener.app/en/stock/METCB

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

121.7% of 30.0% limit

PRO DETAIL

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 METCB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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About Ramaco Resources, Inc.

Ramaco Resources, Inc. specializes in the extraction, development, and global distribution of metallurgical coal. The firm's portfolio encompasses significant development properties, such as the Elk Creek project situated in southern West Virginia, the Berwind property located on the border between West Virginia and Virginia, the Knox Creek property within Virginia, and the RAM Mine in southwestern Pennsylvania. Ramaco provides its coking coal to blast furnace steel manufacturers and coke production facilities throughout the United States, in addition to international consumers of metallurgical coal. Founded in 2015, the company's main office is located in Lexington, Kentucky.

Sector: Energy · Industry: Coal

Why this does not pass

Interest-bearing debt is 121.7% 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

AAOIFI Standard 21Updated Sep 27, 2026

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.

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AI Compliance Insight

PRO

Institutional-grade Shariah analysis

See why METCB is rated Not Halal with institutional-grade analysis

PRO DETAIL

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.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Energy

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

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Propel Global Bhd

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Trive Property Group Bhd

$0.02

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BM Greentech Bhd

$1.67

-0.03%

0193.KLA+

Kinergy Advancement Bhd

$0.42

+0.01%

0215.KLA+

Solarvest Holdings Bhd

$4.06

+0.04%

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Frequently Asked Questions

Is Ramaco Resources, Inc. (METCB) halal to invest in?

Ramaco Resources, Inc. (METCB) 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 Ramaco Resources, Inc. get a F compliance rating?

Ramaco Resources, Inc. (METCB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 121.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Ramaco Resources, Inc.'s Shariah verdict?

Ramaco Resources, 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 Ramaco Resources, Inc. re-screened for Shariah compliance?

Ramaco Resources, Inc. (METCB) 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 27, 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.