Is Suncrete, Inc. - Class A Common Stock (RMIX) stock halal?

Is Suncrete, Inc. - Class A Common Stock stock halal? Suncrete, Inc. - Class A Common Stock (RMIX) is listed on NASDAQ Global Market and is covered in this site's broader research layer outside the tracked Sharia ETF set. Based on the business-activity and balance-sheet signals we could fetch, this company currently looks broadly compatible.

Current status

  • Ticker: RMIX
  • Exchange: NASDAQ Global Market
  • Status: Outside the tracked Sharia ETF stock set
  • Research signal: looks broadly compatible

Research factors

Sector: Basic Materials

Industry: Building Materials

Sector / industry does not obviously fall into the restricted categories we screen heuristically.

  • Debt level: Total debt / Market capitalization is 12.93%. This is compared against a 33.00% reference threshold.
  • Cash / liquidity proxy: Cash and cash equivalents / Market capitalization is 0.40% using a proxy value. This is compared against a 33.00% reference threshold.
  • Receivables level: Accounts receivable / Market capitalization is 1.26%. This is compared against a 33.00% reference threshold.
  • Interest income proxy: Interest income / Total revenue is -0.61% using a proxy value. This is compared against a 5.00% reference threshold.

What this means

This company is part of the broader listed-stock research layer rather than the tracked Sharia ETF stock set.

We surface business-activity, debt, cash, receivables, and interest signals for due diligence, without claiming a religious ruling.

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