Is Matson, Inc. (MATX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 15.2% / 30% | 3.0% / 30% | 5.8% / 30% | 0.95% / 5% | ✓ HALAL |
| DJIM | 15.2% / 33% | 3.0% / 33% | 5.8% / 33% | 0.95% / 5% | ✓ HALAL |
| MSCI | 15.7% / 33% | 3.1% / 33% | 6.0% / 33% | 0.95% / 5% | ✓ HALAL |
| S&P | 15.2% / 33% | 3.0% / 33% | 5.8% / 33% | 0.95% / 5% | ✓ HALAL |
| FTSE | 15.7% / 33% | 3.1% / 33% | 6.0% / 50% | 0.95% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.8% | |
| Operating Margin | 15.8% | |
| Net Margin | 13.3% | |
| Return on Equity (ROE) | 16.4% | |
| Return on Assets (ROA) | 6.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $547M |
| Free Cash Flow | $154M |
| Total Debt | $727M |
| Debt-to-Equity | 26.4 |
| Current Ratio | 0.9 |
| Total Assets | $4.6B |
Price & Trading
| Last Close | $163.24 |
| 50-Day MA | $160.00 |
| 200-Day MA | $121.65 |
| Avg Volume | 309K |
| Beta | 1.4 |
|
52-Week Range
$86.97
| |
About Matson, Inc. (MATX)
Matson, Inc., together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The company offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia; and transports dry containers of mixed commodities, refrigerated commodities, food products, beverages, building materials, automobiles, household goods, livestock, seafood, general sustenance cargo, e-commerce related goods, garments, consumer electronics, footwear, retail merchandise, and other merchandise. It also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides stevedoring, refrigerated cargo, inland transportation, container equipment maintenance, and other terminal services on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska terminal locations of Anchorage, Kodiak, and Dutch Harbor. In addition, the company provides multimodal transportation brokerage of domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload (LCL), and expedited freight services; LCL consolidation and freight forwarding services; warehousing, trans-loading, value-added packaging and distribution services; purchase order management, booking services, and non-vessel operating common carrier freight forwarding services. It serves the U.S. military, freight forwarders and non-vessel owning common carriers, retailers and consumer goods manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.
Purification Calculator
As a halal stock with 0.95% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Matson, Inc. (MATX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Matson, 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 Matson, Inc.'s debt ratio?
Matson, Inc.'s debt ratio is 15.2% 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 15.7%.
Does Matson, Inc. require dividend purification?
Yes, Matson, Inc. has an impermissible income ratio of 0.95%, which means 0.95% 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 Matson, Inc.'s key financial metrics?
Matson, Inc. has a market capitalization of $4.9B, trailing P/E ratio of 11.4, and revenue of $3.3B. The company maintains a gross margin of 22.8% and a net margin of 13.3%. Return on equity stands at 16.4%.
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.