Sangrix Inc.

SGRX: Is Sangrix Inc. Halal?

Sangrix Inc.

NASDAQConsumer DefensiveSG

$1.78

Price as of Sep 16, 2026

Market Cap: 1.4M

Compliance Status

Halal

Screened on Sep 16, 2026 · AAOIFI Standard 21

A+

Excellent

97Score

Is Sangrix Inc. (SGRX) halal? Halal. Based on AAOIFI screening, Sangrix Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 97/100 (Grade: A+).

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HalalScreener rates Sangrix Inc. (SGRX) Halal, 97/100, grade A+ under AAOIFI Standard 21, screened Sep 16, 2026. Source: https://halalscreener.app/en/stock/SGRX

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%.

0.0% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own SGRX

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

Purification amount is Pro

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

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About Sangrix Inc.

Sangrix, Inc. operates as an emerging growth company which engages in crypto mining business. The firm also actively deploys blockchain technologies, alongside diversified expansion strategies. It has operations in the United States, Canada, and China. The company was founded on January 23, 2018 and is headquartered in Singapore.

Sector: Consumer Defensive · Industry: Agricultural Farm Products

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 16, 2026

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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

  1. Halalnow

    since Sep 2026

  2. Under Review

    until the change above

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Sangrix Inc. (SGRX) halal to invest in?
Based on AAOIFI Standard 21 screening, Sangrix Inc. (SGRX) 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 Sangrix Inc. get a A+ compliance rating?
Sangrix Inc. (SGRX) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Sangrix Inc.'s Shariah verdict?
Sangrix 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 Sangrix Inc. re-screened for Shariah compliance?
Sangrix Inc. (SGRX) 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 16, 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.