Is Glencore (GLEN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 64.8% / 30% | 3.7% / 30% | 18.5% / 30% | 0.25% / 5% | ✗ NOT HALAL |
| DJIM | 64.8% / 33% | 3.7% / 33% | 18.5% / 33% | 0.25% / 5% | ✗ NOT HALAL |
| MSCI | 29.2% / 33% | 1.7% / 33% | 8.3% / 33% | 0.25% / 5% | ✓ HALAL |
| S&P | 64.8% / 33% | 3.7% / 33% | 18.5% / 33% | 0.25% / 5% | ✗ NOT HALAL |
| FTSE | 29.2% / 33% | 1.7% / 33% | 8.3% / 50% | 0.25% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 2.5% | |
| Operating Margin | 2.0% | |
| Net Margin | 0.1% | |
| Return on Equity (ROE) | 0.3% | |
| Return on Assets (ROA) | 1.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.6B |
| Free Cash Flow | -$290M |
| Total Debt | $41.5B |
| Debt-to-Equity | 125.3 |
| Current Ratio | 1.1 |
| Total Assets | $142.2B |
Price & Trading
| Last Close | GBp 532.00 |
| 50-Day MA | GBp 510.14 |
| 200-Day MA | GBp 381.59 |
| Avg Volume | 44.8M |
| Beta | 0.7 |
|
52-Week Range
GBp 205.00
| |
About Glencore (GLEN)
Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. The company operates in two segments, Marketing Activities and Industrial Activities. It engages in the production and marketing of copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration and production and refining and distribution. The company is also involved in marketing and distributing physical commodities sourced from third party producers to industrial consumers, including the battery, electronic, construction, automotive, steel, energy, and oil industries. In addition, the company provides financing, logistics, and other services to producers and consumers of commodities. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.
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Frequently Asked Questions
Is Glencore (GLEN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Glencore 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 Glencore's debt ratio?
Glencore's debt ratio is 64.8% 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 29.2%.
What are Glencore's key financial metrics?
Glencore has a market capitalization of $63.1B, trailing P/E ratio of 269.2, and revenue of $247.5B. The company maintains a gross margin of 2.5% and a net margin of 0.1%. Return on equity stands at 0.3%.
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.