Is The Andersons, Inc. ANDE stock halal to invest in?

No, as of August 2026, The Andersons, Inc. stock (ANDE) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. The Andersons, Inc. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of The Andersons, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is The Andersons, Inc. ANDE reviewed for Shariah compliance?

Tabadulat reviews The Andersons, Inc. ANDE for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for The Andersons, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does The Andersons, Inc. ANDE pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, The Andersons, Inc. stock (ANDE) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. The Andersons, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does The Andersons, Inc. ANDE pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, The Andersons, Inc. stock (ANDE) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). The Andersons, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does The Andersons, Inc. ANDE pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, The Andersons, Inc. stock (ANDE) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. The Andersons, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for The Andersons, Inc. ANDE stock?

The Andersons, Inc. (ANDE) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If The Andersons, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does The Andersons, Inc. ANDE pass the AAOIFI Preference Share screen?

Yes, as of August 2026, The Andersons, Inc. stock (ANDE) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. The Andersons, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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The Andersons, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

ANDE

About

The Andersons, Inc.

ANDE

The Andersons, Inc. is a diversified agribusiness giant that operates in several sectors, including trade, ethanol, plant nutrients, and rail. Its primary function is to manage the production, handling, and trade of agricultural products, directly impacting the agricultural supply chain. The company is prominent in the grain and commodity trading sector, where it leverages its extensive storage and logistics capabilities. Beyond trading, The Andersons is significant in the production of ethanol, a renewable fuel source, highlighting its role in energy markets and environmental sustainability efforts. The company also provides a range of plant nutrient products to enhance agricultural productivity, serving farmers across North America. Additionally, The Andersons maintains a fleet of railcars, playing a crucial role in freight transportation. Founded in 1947 and based in Maumee, Ohio, The Andersons has established itself as a critical player in both the agricultural and industrial sectors, underpinning essential supply chains across these industries.

Sector:

Consumer Defensive

Industry:

Food Distribution

Employees:

2224

Website:

https://andersonsinc.com

ANDE

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The Andersons, Inc.

About

The Andersons, Inc.

ANDE

Frequently asked questions

Is The Andersons, Inc. ANDE stock halal to invest in?

How often is The Andersons, Inc. ANDE reviewed for Shariah compliance?

Does The Andersons, Inc. ANDE pass the AAOIFI Non Permissible Income criteria?

Does The Andersons, Inc. ANDE pass the AAOIFI Interest Bearing Investments criteria?

Does The Andersons, Inc. ANDE pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for The Andersons, Inc. ANDE stock?

Does The Andersons, Inc. ANDE pass the AAOIFI Preference Share screen?

Can I buy The Andersons (ANDE) stock on Tabadulat?

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