Energy Fuels Inc (UUUU) - Halal (Shariah-Compliant)
Energy Fuels Inc (UUUU) is classified as Halal (Shariah-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: 17.6% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 24.3% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 2.6% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 2.57%.Based on the company's financial statements, approximately 2.57% of dividend income should be donated to charity for purification. This is derived from identified interest income (2.57% of total income). Some scholars may differ on the exact calculation method.
About Energy Fuels Inc
Energy Fuels Inc., together with its subsidiaries, engages in the exploration, recovery, recycling, exploration, operation, development, permitting, evaluation, and sale of uranium mineral properties in the United States. It operates through three segments: Uranium, REE, and HMS. It produces and sells vanadium pentoxide, rare earth elements, carbonate, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite. The company was formerly known as Volcanic Metals Exploration Inc. and changed its name to Energy Fuels Inc. in May 2006. Energy Fuels Inc. was incorporated in 1987 and is headquartered in Lakewood, Colorado.
Frequently Asked Questions
Is Energy Fuels Inc (UUUU) stock halal to invest in?
According to AAOIFI Shariah screening standards, Energy Fuels Inc (UUUU) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Energy Fuels Inc have any interest income?
Energy Fuels Inc's interest income ratio is 24.3% of total revenue. AAOIFI standards require this to be below 30%.

