Is RMIX halal?
Suncrete, Inc.
Halal
Suncrete, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
10.13
Day
+0.50%
Market cap
$751.8M
Industry
Building Materials
Sector
Basic Materials
What the company does
Suncrete (via SPAC in 2026) produces and delivers ready-mix concrete (Oklahoma, Arkansas; expanding across the US Sunbelt) with batching plants and mixer-truck dispatch. Its money comes from concrete sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $218.47M ÷ current market cap $751.76M = 29.1%
29.1%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $28.63M ÷ current market cap $751.76M = 3.8%
3.8%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
For information (AAOIFI 3/1 note): cash + receivables are 15.2% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #934 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Building Materials — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.