REX American Resources Corporation

REX: Is REX American Resources Corporation Halal?

REX American Resources Corporation

NYSEBasic MaterialsUS

$47.66

+1.19%

Market Cap: 1.6B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

B

Acceptable

67Score

Is REX American Resources Corporation (REX) halal? Halal. Based on AAOIFI screening, REX American Resources Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 67/100 (Grade: B).

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%.

1.4% of 30.0% limit

What this means for you

You can own REX

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

Purify 2.4% of your income from REX

That is about $2.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About REX American Resources Corporation

REX American Resources Corporation, along with its various subsidiaries, manufactures and distributes ethanol across the United States. The company's product portfolio extends to include corn, distillers grains, industrial-grade corn oil, gasoline, and natural gas. Notably, they also supply dry distillers grains with solubles, an important protein component used in animal feed. Established in 1980, the firm initially operated as REX Stores Corporation before adopting its present name, REX American Resources Corporation, in 2010. Its corporate base is situated in Dayton, Ohio.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 2026

Compliance History

  1. Halalnow

    since Jul 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is REX American Resources Corporation (REX) halal to invest in?
Based on AAOIFI Standard 21 screening, REX American Resources Corporation (REX) is rated Halal with a compliance grade of B (Acceptable). 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 REX American Resources Corporation get a B compliance rating?
REX American Resources Corporation (REX) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.4% (limit 30%); interest-bearing deposits of 23.9% (limit 30%); prohibited income of 2.37% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change REX American Resources Corporation's Shariah verdict?
REX American Resources Corporation'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 REX American Resources Corporation re-screened for Shariah compliance?
REX American Resources Corporation (REX) 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 14, 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.