Energy Fuels Inc.

UUUU

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE MKT
Energy
USA
Mid Cap

Energy Fuels Inc. is not Shariah Compliant because it fails the financial ratios.

30.61%

Impure Income*

$0.031

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Mid Cap
BUY
496.11%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-148.56%
-130.63%
28.34
30.69
39.91%

Shariah Compliance

Debt
18.74%
✓
Non-Compliant Assets
24.97%
✓
Impure Income
30.61%
✗

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
31.12%
✓
Impure Income
30.61%
✗

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
24.87%
✓
Impure Income
30.61%
✗

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
44.2%
✗
Cash
62.72%
✗
Cash & AR
63.58%
✗
Impure Income
30.61%
✗

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
44.2%
✗
Cash
62.72%
✗
Cash & AR
63.58%
✗
Impure Income
30.61%
✗

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
30.61%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Energy Fuels Inc. is a critical materials company, focused on rare earth elements (REEs), uranium, heavy mineral sands (HMS), vanadium and medical isotopes. It has three reportable segments, including uranium, Rare Earth Elements, and Heavy Mineral Sands. The uranium segment engages in conventional and in-situ recovery uranium extraction, recovery and sales of uranium from mineral properties and the recycling of uranium-bearing materials generated by third parties in the United States (U.S.). REE are 17 materials essential for clean energy and various advanced technologies. The Company owns and operates conventional and in-situ recovery uranium projects in the western U.S. It also owns and operates Korean Metals Plant in Ochang, South Korea, which provides rare earth metallization and alloying capabilities, including the production of neodymium-iron-boron (NdFeB) alloys. Its projects include The Vara Mada Project, The Bahia Project, and The Donald Project.

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