Is Uranium Energy Corp. (UEC) Stock Halal or Haram?
Uranium Energy Corp. (UEC) - Not Halal (Non-Compliant)
Uranium Energy Corp. (UEC) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
Sector
Energy
Industry
Uranium
Result
Pass
Reason
The sector "Energy" and industry "Uranium" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 0.0% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 14.2% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 6.0% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 6.02%.Based on the company's financial statements, approximately 6.02% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.02% of total income). Some scholars may differ on the exact calculation method.
About Uranium Energy Corp.
Uranium Energy Corp., together with its subsidiaries, engages in the exploration, pre-extraction, extraction, and processing of uranium and titanium concentrates properties in the United States, Canada, and the Republic of Paraguay. Its principal projects are located in Wyoming and Texas in the United States, as well as in Saskatchewan, Canada. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. The company was incorporated in 2003 and is headquartered in Corpus Christi, Texas.
Frequently Asked Questions
Is Uranium Energy Corp. (UEC) stock halal to invest in?
According to AAOIFI Shariah screening standards, Uranium Energy Corp. (UEC) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Uranium Energy Corp. have any interest income?
Uranium Energy Corp.'s interest income ratio is 14.2% of total revenue. AAOIFI standards require this to be below 30%.
Based on the company's financial statements, approximately 6.02% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.02% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Uranium Energy Corp.
Uranium Energy Corp., together with its subsidiaries, engages in the exploration, pre-extraction, extraction, and processing of uranium and titanium concentrates properties in the United States, Canada, and the Republic of Paraguay. Its principal projects are located in Wyoming and Texas in the United States, as well as in Saskatchewan, Canada. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. The company was incorporated in 2003 and is headquartered in Corpus Christi, Texas.
United StatesAMEXEnergy
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Aug 25, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Uranium Energy Corp. (UEC) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Uranium Energy Corp.'s interest income ratio is 14.2% of total revenue. AAOIFI standards require this to be below 30%.
UEC is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Uranium Energy Corp.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save UEC to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Uranium Energy Corp. require purification. Approximately 6.02% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
What guidelines are used to determine if UEC stock is Shariah-compliant?
UEC is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Uranium Energy Corp. stock reviewed for Shariah compliance?
Uranium Energy Corp.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Uranium Energy Corp.'s compliance status?
You can save UEC to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Uranium Energy Corp. stock considered halal?
Dividends from Uranium Energy Corp. require purification. Approximately 6.02% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Uranium Energy Corp. shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
