NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Mon, Aug 31 05:23 PM
Monday, August 31, 2026 5:23:38 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
- Lack of inclusion in major Shariah indices despite passing financial screens
Debt Ratio
14.9%
Liquidity Ratio
5.0%
Interest Income Ratio
1.1%
Purification
1.15%