Vertex Energy Inc VTNRQ
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Last Updated: Jan 21, 12:00 AM·BE
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VTNRQ Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Vertex Energy Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Vertex Energy Inc. Stock Analysis VTNRQ
Germany Energy Nano Cap Vertex Energy is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The company is headquartered in Houston, Texas and currently employs 481 full-time employees. 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. The Mobile Refinery processes crude oils into refined finished products, which include gasolines, distillates including jet fuel, liquefied petroleum gases, and other residual fuels. The Black Oil and Recovery segment is engaged in operations across the entire used motor oil recycling value chain, including refinement, collection, aggregation, transportation, storage, recovery, and sales of aggregated feedstock and re-refined products to end-users.
Vertex Energy Inc (VTNRQ) Chart
Financial Metrics & Statements of Vertex Energy Inc (VTNRQ)
FAQ's for Vertex Energy Inc (VTNRQ)
- As of August 2026, Vertex Energy Inc VTNRQ 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 (VTNRQ)
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