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Shariah compliance overview

Halal

Smart Sand, Inc. (SND) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Smart Sand, Inc.

Smart Sand, Inc., a fully integrated frac and industrial sand supply and services company, provides mine to wellsite proppant supply and logistics solutions to its frac sand customers in the United States and Canada. The company operates in two segments, Sand and SmartSystems.

Smart Sand, Inc. (SND) operates in the Energy sector, in the Oil & Gas Equipment & Services industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.00% (limit 5%), interest-bearing debt is 11.74% (limit 30%) and interest-bearing securities and assets are 20.82% (limit 30%).

Business Activity
0.00%Limit 5%Pass
Interest-bearing debt
11.74%Limit 30%Pass
Interest-bearing securities and assets
20.82%Limit 30%Pass
Dividend purification
0.00%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Smart Sand, Inc. (SND). Current Akinda screening label: Halal.