Is RELIANCE, INC. (RS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 11.0% / 30% | 1.4% / 30% | 9.9% / 30% | 0.03% / 5% | ✓ HALAL |
| DJIM | 11.0% / 33% | 1.4% / 33% | 9.9% / 33% | 0.03% / 5% | ✓ HALAL |
| MSCI | 16.8% / 33% | 2.1% / 33% | 15.1% / 33% | 0.03% / 5% | ✓ HALAL |
| S&P | 11.0% / 33% | 1.4% / 33% | 9.9% / 33% | 0.03% / 5% | ✓ HALAL |
| FTSE | 16.8% / 33% | 2.1% / 33% | 15.1% / 50% | 0.03% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 28.8% | |
| Operating Margin | 5.5% | |
| Net Margin | 5.2% | |
| Return on Equity (ROE) | 10.3% | |
| Return on Assets (ROA) | 6.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $831M |
| Free Cash Flow | $502M |
| Total Debt | $1.7B |
| Debt-to-Equity | 24.2 |
| Current Ratio | 4.9 |
| Total Assets | $10.4B |
Price & Trading
| Last Close | $299.60 |
| 50-Day MA | $320.53 |
| 200-Day MA | $299.95 |
| Avg Volume | 362K |
| Beta | 0.9 |
|
52-Week Range
$250.07
| |
About RELIANCE, INC. (RS)
Reliance, Inc. operates as a diversified metal solutions provider and metals service center company primarily in the United States and Canada. The company distributes metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and other specialty steel products; and provides metals processing services to consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Phoenix, Arizona.
Purification Calculator
As a halal stock with 0.03% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is RELIANCE, INC. (RS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), RELIANCE, INC. 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 RELIANCE, INC.'s debt ratio?
RELIANCE, INC.'s debt ratio is 11.0% 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 16.8%.
Does RELIANCE, INC. require dividend purification?
Yes, RELIANCE, INC. has an impermissible income ratio of 0.03%, which means 0.03% 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 RELIANCE, INC.'s key financial metrics?
RELIANCE, INC. has a market capitalization of $15.7B, trailing P/E ratio of 21.4, and revenue of $14.3B. The company maintains a gross margin of 28.8% and a net margin of 5.2%. Return on equity stands at 10.3%.
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.