
REX: Is REX American Resources Corporation Halal?
REX American Resources Corporation
$47.66
+1.19%
Market Cap: 1.6B
Compliance Status
Halal
Screened on Jul 14, 2026 · AAOIFI Standard 21
Acceptable
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.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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 amountAbout 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
Compliance History
Halalnow
since Jul 2026
Doubtful
until the change above
Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is REX American Resources Corporation (REX) halal to invest in?
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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.