No. As of September 2026, Vertex Energy Inc (VTNR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vertex Energy Inc does not pass Musaffa's business and financial screening criteria.
Vertex Energy, Inc. engages in refining and marketing conventional and lower-carbon alternative transportation fuels. The company is headquartered in Houston, Texas and currently employs 481 full-time employees. The company went IPO on 2013-02-13. The firm is engaged in operations across the petroleum value chain, including refining, collection, aggregation, transportation, storage and sales of aggregated feedstock and refined products to end-users. Its segments include Refining and Marketing and Black Oil and Recovery. The Refining and Marketing segment is engaged in the refining and distribution of petroleum products and includes the Mobile Refinery and related operations. In addition, it aggregates a diverse mix of feedstocks petroleum distillates, transmix and other off-specification chemical products. The Black Oil business is engaged in operations across the entire used motor oil recycling value chain including collection, aggregation, transportation, storage, refinement, and sales of aggregated feedstock and re-refined products to end users. The company owns a fleet of 68 collection vehicles.
Vertex Energy Inc VTNR
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VTNR Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Vertex Energy Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Vertex Energy Inc (VTNR) Chart
Financial Metrics & Statements of Vertex Energy Inc (VTNR)
FAQ's for Vertex Energy Inc (VTNR)
As of September 2026, Vertex Energy Inc VTNR is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Vertex Energy Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Vertex Energy 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.
Musaffa determines the Shariah status of Vertex Energy Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Vertex Energy Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Vertex Energy Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Vertex Energy Inc (VTNR)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.