USA Rare Earth, Inc. (USAR) - Not Halal (Non-Compliant)
USA Rare Earth, Inc. (USAR) 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
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Result
- Pass
- Reason
- The sector "Basic Materials" and industry "Other Industrial Metals & Mining" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.1% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 34.3% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 331.5% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 100.00%.Based on the company's financial statements, approximately 100.00% of dividend income should be donated to charity for purification. This is derived from identified interest income (331.47% of total income). Some scholars may differ on the exact calculation method.
About USA Rare Earth, Inc.
USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia. It primarily explores neodymium, dysprosium, terbium, yttrium, gallium, hafnium, praseodymium, samarium, oxides, and other critical minerals. The company holds interests in the Round Top Mountain located near Sierra Blanca, Texas. It products are used in aerospace, defense, semiconductors, data centers, physical AI, energy, mobility, healthcare, and numerous industrial sectors. It has a hydrometallurgical demonstration facility in Wheat Ridge, Colorado. USA Rare Earth, Inc. has a strategic partnership with Pasqal and Riven Systems to develop next-generation separation technology for the rare earth value chain. USA Rare Earth, Inc. was founded in 2019 and is based in Stillwater, Oklahoma.
Frequently Asked Questions
Is USA Rare Earth, Inc. (USAR) stock halal to invest in?
According to AAOIFI Shariah screening standards, USA Rare Earth, Inc. (USAR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

