Is Calumet, Inc. /DE (CLMT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 93.2% / 30% | 4.7% / 30% | 8.8% / 30% | 0.85% / 5% | ✗ NOT HALAL |
| DJIM | 93.2% / 33% | 4.7% / 33% | 8.8% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| MSCI | 91.5% / 33% | 4.7% / 33% | 8.6% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| S&P | 93.2% / 33% | 4.7% / 33% | 8.8% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| FTSE | 91.5% / 33% | 4.7% / 33% | 8.6% / 50% | 0.85% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 6.3% | |
| Operating Margin | -3.3% | |
| Net Margin | -0.8% | |
| Return on Assets (ROA) | 1.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $109M |
| Free Cash Flow | $57M |
| Total Debt | $2.5B |
| Current Ratio | 1.0 |
| Total Assets | $2.7B |
Price & Trading
| Last Close | $30.79 |
| 50-Day MA | $26.60 |
| 200-Day MA | $19.98 |
| Avg Volume | 1.3M |
| Beta | 1.0 |
|
52-Week Range
$7.68
| |
About Calumet, Inc. /DE (CLMT)
Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally. It operates through Specialty Products and Solutions; Performance Brands; and Montana/Renewables segments. The Specialty Products and Solutions segment manufactures and markets various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The Montana/Renewables segment processes geographically advantaged renewable feedstocks into renewable diesel, aviation fuel, and renewable naphtha. This segment also engages in the process of Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. It serves wholesale distributors and retail chains. Calumet, Inc. was founded in 1919 and is headquartered in Indianapolis, Indiana.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is Calumet, Inc. /DE (CLMT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Calumet, Inc. /DE is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Calumet, Inc. /DE's debt ratio?
Calumet, Inc. /DE's debt ratio is 93.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 91.5%.
What are Calumet, Inc. /DE's key financial metrics?
Calumet, Inc. /DE has a market capitalization of $2.8B, and revenue of $4.1B. The company maintains a gross margin of 6.3% and a net margin of -0.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.