Riley Exploration Permian, Inc.

REPX: Is Riley Exploration Permian, Inc. Halal?

Riley Exploration Permian, Inc.

AMEXEnergyUS

$34.53

-3.79%

Market Cap: 749.2M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

34.5% of 30.0% limit

What this means for you

Most scholars advise not holding REPX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Riley Exploration Permian, Inc.

Riley Exploration Permian, Inc. (REPX) functions as an independent energy company, engaged in the entire process of hydrocarbon extraction—from acquiring properties and exploring for reserves to developing sites and producing oil, natural gas, and natural gas liquids across the states of Texas and New Mexico. The company primarily concentrates its activities on the San Andres Formation, a geological shelf margin deposit located within the Central Basin Platform and Northwest Shelf areas. REPX's landholdings are predominantly comprised of interconnected blocks situated in Yoakum County, Texas, along with Lea and Roosevelt Counties, New Mexico. As of the end of the third quarter of 2021 (September 30, 2021), the company reported approximately 31,352 net acres and operated a total of 77 net producing wells. Riley Exploration Permian, Inc.'s main office is located in Oklahoma City, Oklahoma.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Energy

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Frequently Asked Questions

Is Riley Exploration Permian, Inc. (REPX) halal to invest in?
Riley Exploration Permian, Inc. (REPX) 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 Riley Exploration Permian, Inc. get a F compliance rating?
Riley Exploration Permian, Inc. (REPX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 34.5% (limit 30%); interest-bearing deposits of 1.8% (limit 30%); prohibited income of 0.21% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Riley Exploration Permian, Inc.'s Shariah verdict?
Riley Exploration Permian, 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 Riley Exploration Permian, Inc. re-screened for Shariah compliance?
Riley Exploration Permian, Inc. (REPX) 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: Jul 19, 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.