Is FREEPORT-MCMORAN INC (FCX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.3% / 30% | 4.5% / 30% | 1.9% / 30% | 0.92% / 5% | ✓ HALAL |
| DJIM | 12.3% / 33% | 4.5% / 33% | 1.9% / 33% | 0.92% / 5% | ✓ HALAL |
| MSCI | 18.0% / 33% | 6.6% / 33% | 2.9% / 33% | 0.92% / 5% | ✓ HALAL |
| S&P | 12.3% / 33% | 4.5% / 33% | 1.9% / 33% | 0.92% / 5% | ✓ HALAL |
| FTSE | 18.0% / 33% | 6.6% / 33% | 2.9% / 50% | 0.92% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.1% | |
| Operating Margin | 14.4% | |
| Net Margin | 8.5% | |
| Return on Equity (ROE) | 13.9% | |
| Return on Assets (ROA) | 7.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.6B |
| Free Cash Flow | $1.1B |
| Total Debt | $10.5B |
| Debt-to-Equity | 34.1 |
| Current Ratio | 2.3 |
| Total Assets | $58.2B |
Price & Trading
| Last Close | $55.83 |
| 50-Day MA | $61.30 |
| 200-Day MA | $48.33 |
| Avg Volume | 20.5M |
| Beta | 1.4 |
|
52-Week Range
$27.66
| |
About FREEPORT-MCMORAN INC (FCX)
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. Freeport-McMoRan Inc. was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. The company was incorporated in 1987 and is headquartered in Phoenix, Arizona.
Purification Calculator
As a halal stock with 0.92% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is FREEPORT-MCMORAN INC (FCX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FREEPORT-MCMORAN INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is FREEPORT-MCMORAN INC's debt ratio?
FREEPORT-MCMORAN INC's debt ratio is 12.3% 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 18.0%.
Does FREEPORT-MCMORAN INC require dividend purification?
Yes, FREEPORT-MCMORAN INC has an impermissible income ratio of 0.92%, which means 0.92% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are FREEPORT-MCMORAN INC's key financial metrics?
FREEPORT-MCMORAN INC has a market capitalization of $80.8B, trailing P/E ratio of 37.0, and revenue of $25.9B. The company maintains a gross margin of 37.1% and a net margin of 8.5%. Return on equity stands at 13.9%.
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.