Is Riley Exploration Permian, Inc. REPX stock halal to invest in?

No, as of August 2026, Riley Exploration Permian, Inc. stock (REPX) 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. Riley Exploration Permian, 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 Riley Exploration Permian, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Riley Exploration Permian, Inc. REPX reviewed for Shariah compliance?

Tabadulat reviews Riley Exploration Permian, Inc. REPX 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screening ensures the status shown for Riley Exploration Permian, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Riley Exploration Permian, Inc. REPX pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Riley Exploration Permian, Inc. stock (REPX) 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. Riley Exploration Permian, 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 Riley Exploration Permian, Inc. REPX pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Riley Exploration Permian, Inc. stock (REPX) 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). Riley Exploration Permian, 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 Riley Exploration Permian, Inc. REPX pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Riley Exploration Permian, Inc. stock (REPX) 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. Riley Exploration Permian, 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 Riley Exploration Permian, Inc. REPX stock?

Riley Exploration Permian, Inc. (REPX) 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 Riley Exploration Permian, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Riley Exploration Permian, Inc. REPX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Riley Exploration Permian, Inc. stock (REPX) 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. Riley Exploration Permian, 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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Riley Exploration Permian, Inc.

NYSE

Shariah-Compliant

Not Shariah

REPX

About

Riley Exploration Permian, Inc.

REPX

Riley Exploration Permian, Inc. is a company engaged in the exploration, development, and production of oil and natural gas. Focusing primarily on the Permian Basin, a prolific area known for its significant hydrocarbon resources, the company plays a vital role in the energy sector. The Permian Basin is renowned for its rich reserves, making it one of the most crucial oil-producing regions in the United States. Riley Exploration Permian utilizes advanced drilling technologies and efficient recovery processes to optimize resource extraction and production rates. The company's endeavors are not only central to supplying domestic energy needs but also cater to global demands, highlighting its importance in the broader energy market. Additionally, Riley Exploration Permian's operations contribute to local economies by creating jobs and boosting economic activity. Their commitment to innovation and sustainability in resource management further underscores their growing presence in the industry. By focusing on efficient and responsible energy production, Riley Exploration Permian, Inc. aims to meet current energy demands while also paving the way for future advancements in energy retrieval and utilization.

Sector:

Energy

Industry:

Oil & Gas E&P

Employees:

103

Website:

https://www.rileypermian.com

REPX

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Riley Exploration Permian, Inc.

About

Riley Exploration Permian, Inc.

REPX

Frequently asked questions

Is Riley Exploration Permian, Inc. REPX stock halal to invest in?

How often is Riley Exploration Permian, Inc. REPX reviewed for Shariah compliance?

Does Riley Exploration Permian, Inc. REPX pass the AAOIFI Non Permissible Income criteria?

Does Riley Exploration Permian, Inc. REPX pass the AAOIFI Interest Bearing Investments criteria?

Does Riley Exploration Permian, Inc. REPX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Riley Exploration Permian, Inc. REPX stock?

Does Riley Exploration Permian, Inc. REPX pass the AAOIFI Preference Share screen?

Can I buy Riley Exploration Permian (REPX) stock on Tabadulat?

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