Is American Resources Corp (AREC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 68.1% / 30% | 0.4% / 30% | 0.4% / 30% | 287.44% / 5% | ✗ NOT HALAL |
| DJIM | 68.1% / 33% | 0.4% / 33% | 0.4% / 33% | 287.44% / 5% | ✗ NOT HALAL |
| MSCI | 107.1% / 33% | 0.6% / 33% | 0.6% / 33% | 287.44% / 5% | ✗ NOT HALAL |
| S&P | 68.1% / 33% | 0.4% / 33% | 0.4% / 33% | 287.44% / 5% | ✗ NOT HALAL |
| FTSE | 107.1% / 33% | 0.6% / 33% | 0.6% / 50% | 287.44% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | -2620080.5% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -7.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$21M |
| Free Cash Flow | -$22M |
| Total Debt | $221M |
| Current Ratio | 0.1 |
| Total Assets | $206M |
Price & Trading
| Last Close | $2.44 |
| 50-Day MA | $3.19 |
| 200-Day MA | $2.62 |
| Avg Volume | 4.1M |
| Beta | 1.1 |
|
52-Week Range
$0.38
| |
About American Resources Corp (AREC)
American Resources Corporation engages in the production of rare earth and critical mineral concentrates for the infrastructure and electrification markets. It operates through the American Infrastructure (AIC), ReElements (RLMT), and Electrified Materials Corporation (EMC) segments. The American Infrastructure segment engages in the extraction, processing, transportation, and distribution of coal with a focus on metallurgical quality coal to the steel industry. Its ReElements segment provides final stage, separated, and purified rare earth and critical elements to the electrification industry supply chain, which are used to manufacture permanent magnets and battery materials. The Electrified Materials segment aggregates and processes used metals for recycling into new steel-based products for the recovery and sale of recovered metal and steel. American Resources Corporation was founded in 2006 and is headquartered in Fishers, Indiana.
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Frequently Asked Questions
Is American Resources Corp (AREC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), American Resources Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is American Resources Corp's debt ratio?
American Resources Corp's debt ratio is 68.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 107.1%.
What are American Resources Corp's key financial metrics?
American Resources Corp has a market capitalization of $235M, and revenue of $383,234.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.