Is REX AMERICAN RESOURCES Corp (REX) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.7% / 30% | 29.1% / 30% | 2.3% / 30% | 2.98% / 5% | ✓ HALAL |
| DJIM | 1.7% / 33% | 29.1% / 33% | 2.3% / 33% | 2.98% / 5% | ✓ HALAL |
| MSCI | 2.9% / 33% | 49.9% / 33% | 3.9% / 33% | 2.98% / 5% | ✗ NOT HALAL |
| S&P | 1.7% / 33% | 29.1% / 33% | 2.3% / 33% | 2.98% / 5% | ✓ HALAL |
| FTSE | 2.9% / 33% | 49.9% / 33% | 3.9% / 50% | 2.98% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 14.4% | |
| Operating Margin | 10.5% | |
| Net Margin | 12.8% | |
| Return on Equity (ROE) | 14.1% | |
| Return on Assets (ROA) | 5.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $64M |
| Free Cash Flow | -$7M |
| Total Debt | $21M |
| Debt-to-Equity | 3.0 |
| Current Ratio | 5.9 |
| Total Assets | $720M |
Price & Trading
| Last Close | $44.08 |
| 50-Day MA | $36.44 |
| 200-Day MA | $31.69 |
| Avg Volume | 180K |
| Beta | 0.8 |
|
52-Week Range
$16.73
| |
About REX AMERICAN RESOURCES Corp (REX)
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company provides corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. It also offers dry distillers grains with soluble, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.
Purification Calculator
As a halal stock with 2.98% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is REX AMERICAN RESOURCES Corp (REX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), REX AMERICAN RESOURCES Corp 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 REX AMERICAN RESOURCES Corp's debt ratio?
REX AMERICAN RESOURCES Corp's debt ratio is 1.7% 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 2.9%.
Does REX AMERICAN RESOURCES Corp require dividend purification?
Yes, REX AMERICAN RESOURCES Corp has an impermissible income ratio of 2.98%, which means 2.98% 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 REX AMERICAN RESOURCES Corp's key financial metrics?
REX AMERICAN RESOURCES Corp has a market capitalization of $1.6B, trailing P/E ratio of 19.1, and revenue of $642M. The company maintains a gross margin of 14.4% and a net margin of 12.8%. Return on equity stands at 14.1%.
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.