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Mon, Aug 31 05:23 PM
Non-Compliant

METC

Quality Rating

BBB
Satisfactory compliance quality

Ramaco Resources, Inc. (METC) is a U.S.-based metallurgical coal producer with strong financial ratios meeting all major Shariah screening thresholds. However, the company is not included in any major Shariah-compliant indices, leading to a non-compliant overall status. The core business of coal mining is permissible under Islamic principles, though environmental impacts raise concerns. Purification is required for minor interest income, and ESG risks are high due to the fossil fuel nature.

Purification Required
1.15%
moderate

Moderate purification required - consider carefully

Index Inclusion

Not included in any major Shariah index

Key Compliance Considerations

Debt Ratio

14.9%

Liquidity Ratio

5.0%

Interest Income Ratio

1.1%

Purification

1.15%