Is RELX (REL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 13.8% / 30% | 0.3% / 30% | 4.6% / 30% | 0.06% / 5% | ✓ HALAL |
| DJIM | 13.8% / 33% | 0.3% / 33% | 4.6% / 33% | 0.06% / 5% | ✓ HALAL |
| MSCI | 43.2% / 33% | 0.8% / 33% | 14.4% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| S&P | 13.8% / 33% | 0.3% / 33% | 4.6% / 33% | 0.06% / 5% | ✓ HALAL |
| FTSE | 43.2% / 33% | 0.8% / 33% | 14.4% / 50% | 0.06% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 66.3% | |
| Operating Margin | 31.4% | |
| Net Margin | 21.5% | |
| Return on Equity (ROE) | 70.5% | |
| Return on Assets (ROA) | 12.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.6B |
| Free Cash Flow | $2.1B |
| Total Debt | $6.5B |
| Debt-to-Equity | 304.1 |
| Current Ratio | 0.5 |
| Total Assets | $15.1B |
Price & Trading
| Last Close | GBp 2,398.00 |
| 50-Day MA | GBp 2,489.16 |
| 200-Day MA | GBp 3,198.76 |
| Avg Volume | 9.4M |
| Beta | 0.2 |
|
52-Week Range
GBp 1,991.00
| |
About RELX (REL)
RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk, as well as a portfolio of commercial healthcare products. Its Scientific, Technical & Medical segment provides scientific and medical information and data sets for science and healthcare. The Legal segment provides legal, regulatory, and business information and analytics. Its Exhibitions segment combines digital tools and data to help customers connect in-person and online, discover new markets, source products, generate leads, and transact. The company was formerly known as Reed Elsevier PLC and changed its name to RELX PLC in July 2015. RELX PLC was incorporated in 1903 and is headquartered in London, the United Kingdom.
Purification Calculator
As a halal stock with 0.06% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is RELX (REL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), RELX is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is RELX's debt ratio?
RELX's debt ratio is 13.8% 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 43.2%.
Does RELX require dividend purification?
Yes, RELX has an impermissible income ratio of 0.06%, which means 0.06% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are RELX's key financial metrics?
RELX has a market capitalization of $42.9B, trailing P/E ratio of 21.4, and revenue of $9.4B. The company maintains a gross margin of 66.3% and a net margin of 21.5%. Return on equity stands at 70.5%.
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.