Is RELX PLC (RELX) Halal?

NYSE Industrials United Kingdom $57.5B
✓ HALAL
Confidence: 83/100
RELX PLC (RELX) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 10.2% against the AAOIFI threshold of 30%, RELX PLC comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Specialty Business Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 10.2%
/ 30%
0.2%
/ 30%
3.4%
/ 30%
N/A ✓ HALAL
DJIM 10.2%
/ 33%
0.2%
/ 33%
3.4%
/ 33%
N/A ✓ HALAL
MSCI 43.2%
/ 33%
0.8%
/ 33%
14.4%
/ 33%
N/A ✗ NOT HALAL
S&P 10.2%
/ 33%
0.2%
/ 33%
3.4%
/ 33%
N/A ✓ HALAL
FTSE 43.2%
/ 33%
0.8%
/ 33%
14.4%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

P/E Ratio
21.3
Forward: 14.7
EPS
$1.50
Dividend Yield
288.0%
Payout: 57.4%
P/B Ratio
18.5
EV/EBITDA
20.4
EV: $65.3B
Beta
0.2
Low volatility
Current Ratio
0.5

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-Equity304.1
Current Ratio0.5
Total Assets$15.1B

Price & Trading

Last Close$32.07
50-Day MA$34.01
200-Day MA$43.33
Avg Volume4.0M
Beta0.2
52-Week Range
$27.57
$56.33

About RELX PLC (RELX)

CEO
Mr. Erik Engstrom M.Sc Econ, M.Sc Eng., MBA
Employees
35,720
Sector
Industrials
Industry
Specialty Business Services
Country
United Kingdom
Exchange
NYSE
Market Cap
$57.5B
Currency
USD

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.

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Frequently Asked Questions

Is RELX PLC (RELX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), RELX PLC 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 PLC's debt ratio?

RELX PLC's debt ratio is 10.2% 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%.

What are RELX PLC's key financial metrics?

RELX PLC has a market capitalization of $57.5B, trailing P/E ratio of 21.3. 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.