Is Argan Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Argan Inc (AGX) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Argan Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Argan Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Argan Inc?

Muslim investors may consider investing in Argan Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Argan Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Argan Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Argan Inc updated?

The Shariah compliance status of Argan Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Argan Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Argan Inc?

You can check the latest Shariah compliance status of Argan Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

AGX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 02, 2026

Report Source: 2026 Annual Report

Argan Inc. Stock Analysis AGX

United States Industrials Large Cap Report: 2026 Annual

Argan, Inc. is a construction company, which engages in the operations of its wholly owned subsidiaries. The company is headquartered in Arlington, Virginia. The firm is a construction firm that conducts operations through its subsidiaries, Gemma Power Systems, LLC and affiliates (GPS), Atlantic Projects Company Limited and affiliates (APC), The Roberts Company, Inc. (TRC), and Southern Maryland Cable, Inc. (SMC). Through GPS and APC, its power industry services, it offers a suite of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector. Through TRC, the industrial construction services provide field services and project management that support new plant construction and additions, maintenance turnarounds, shutdowns and emergency mobilizations for industrial plants. Through SMC, its telecommunications infrastructure services provide project management, construction, installation and maintenance services to commercial, local government and federal government customers.

Key Statistics of Argan Inc (AGX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$690.00$727.85

Today's Open

$712.60

Volume

279.50K

P/E Ratio (TTM)

71.16

52 Week Range

$155.65$748.50

Market Cap

10.05B

Avg. Volume

298.89K

Dividend Yield

0.25%

Financial Metrics & Statements of Argan Inc (AGX)

FAQ's for Argan Inc (AGX)

According to Musaffa’s Shariah screening methodology, Argan Inc (AGX) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.