Shariah compliance overview
Not HalalAmerican Resources Corporation (AREC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About American Resources Corporation
American Resources Corporation focuses on the entire supply chain for metallurgical coal, from its initial extraction and refinement to its transportation, distribution, and final sale, primarily serving the steel manufacturing sector.
American Resources Corporation (AREC) operates in the Energy sector, in the Coal industry.
Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing securities and assets.
- Business Activity
- 100.00%Limit 5%Fail
- Interest-bearing debt
- 4.69%Limit 30%Pass
- Interest-bearing securities and assets
- 63.65%Limit 30%Fail
- Dividend purification
- 100.00%Share of dividends to give to charityPurification calculator
Last updated: Oct 23, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Company Profile
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Frequently asked questions
Quick answers about American Resources Corporation (AREC). Current Akinda screening label: Not Halal.
